Proceedings of the 5th International Conference on Applied Economics and Social Science, ICAESS 2023, 7 November 2023, Batam, Riau islands, Indonesia

Research Article

Financial Performance of Telecommunications Companies Before and During the Covid-19 Pandemic

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  • @INPROCEEDINGS{10.4108/eai.7-11-2023.2341865,
        author={Arif  Darmawan and Dwike Berlyana Rizti},
        title={Financial Performance of Telecommunications Companies Before and During the Covid-19 Pandemic},
        proceedings={Proceedings of the 5th International Conference on Applied Economics and Social Science, ICAESS 2023, 7 November 2023, Batam, Riau islands, Indonesia},
        publisher={EAI},
        proceedings_a={ICAESS},
        year={2023},
        month={12},
        keywords={financial performance covid-19 current ratio total assets turnover debt to assets return on assets return on equity},
        doi={10.4108/eai.7-11-2023.2341865}
    }
    
  • Arif Darmawan
    Dwike Berlyana Rizti
    Year: 2023
    Financial Performance of Telecommunications Companies Before and During the Covid-19 Pandemic
    ICAESS
    EAI
    DOI: 10.4108/eai.7-11-2023.2341865
Arif Darmawan1,*, Dwike Berlyana Rizti1
  • 1: Politeknik Negeri Batam
*Contact email: darmawan@polibatam.ac.id

Abstract

This study aims to investigate whether there are differences in the Financial Performance of Telecommunication Companies before and during the Covid-19 pandemic. The research sample consists of telecommunication companies from six Southeast Asian countries, namely Indonesia, Malaysia, Singapore, Thailand, Philippines, and Vietnam. Because the research data is not normally distributed, the hypothesis test uses the Wilcoxon Sign Test method. The results show that there are differences in the Current Ratio and Total Asset Turnover Ratio before and during the Covid-19 pandemic. Meanwhile, there are differences in the Debt to Assets Ratio, Return on Assets Ratio, and Return on Equity Ratio between the period before and during the Covid-19 pandemic. The Current Ratio, Total Asset Turnover Ratio, and Debt to Assets Ratio have decreased, while the Return on Assets Ratio and Return on Equity Ratio have increased.