Proceedings of the 4th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2021, 7 October 2021, Lampung, Indonesia

Research Article

Factors Affecting Company Profit Growth During the Covid-19 Pandemic (Case Study on Plantation and Food Corps Companies Listed on the Indonesia Stock Exchange for the 2017-2020 Period)

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  • @INPROCEEDINGS{10.4108/eai.7-10-2021.2316238,
        author={Lestari  Wuryanti and Isma  Kartika},
        title={Factors Affecting Company Profit Growth During the Covid-19 Pandemic (Case Study on Plantation and Food Corps Companies Listed on the Indonesia Stock Exchange for the 2017-2020 Period)},
        proceedings={Proceedings of the 4th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2021, 7 October 2021, Lampung, Indonesia},
        publisher={EAI},
        proceedings_a={ICEBE},
        year={2022},
        month={4},
        keywords={covid-19 profit growth return on assets net profit margin debt equity ratio},
        doi={10.4108/eai.7-10-2021.2316238}
    }
    
  • Lestari Wuryanti
    Isma Kartika
    Year: 2022
    Factors Affecting Company Profit Growth During the Covid-19 Pandemic (Case Study on Plantation and Food Corps Companies Listed on the Indonesia Stock Exchange for the 2017-2020 Period)
    ICEBE
    EAI
    DOI: 10.4108/eai.7-10-2021.2316238
Lestari Wuryanti1,*, Isma Kartika1
  • 1: Malahayati University
*Contact email: Lestariwuryanti@gmail.com

Abstract

The objective of this study is to determine the factor of profit growth of plantation and food corp companies listedinIndonesia Stock Exchange (IDX) for the period 2017-2020 during the Covid-19 pandemic. This sector contributes to the provision of food and economic growth today. The population of all plantation companies and food corps listed on the Indonesia Stock Exchange, with 12sample’scompanies that meet the sample criteria in this study. The dependent variable is the company's profit growth and the independent variables are Return On Assets, Net Profit Margin, and Debt Equity Ratio. The research method uses descriptive analysis, classical assumption test, and coefficient of determination test using SPSS. The calculation results state that partially NPM has a significant effect on revenue growth, while ROA and DER have no significant effect on company profit growth.