Factors Affecting the Ups and Downs of Profit in the Food and Beverage Sub-Sector for the 2021-2023 Period

Purpose: The purpose of this study is to ascertain how production and sales rates, and sales growth relate to changes in net profit between 2021 and 2023. Design/methodology/approach: This study used a quantitative descriptive strategy, with purposive sampling as a technique for selecting sample...

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Bibliographic Details
Main Authors: Nurul Aulia Dewi, Zahra Rossalina, Erwin Budianto
Format: Article
Language:English
Published: LPPM of Narotama University Surabaya 2025-07-01
Series:IJEBD (International Journal of Entrepreneurship and Business Development)
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Online Access:https://jurnal.narotama.ac.id/index.php/ijebd/article/view/3317
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Summary:Purpose: The purpose of this study is to ascertain how production and sales rates, and sales growth relate to changes in net profit between 2021 and 2023. Design/methodology/approach: This study used a quantitative descriptive strategy, with purposive sampling as a technique for selecting samples based on certain criteria, and the study population consisted of 18 organizations. Information was obtained from financial reports accessed on the website www.idx.co.id. Findings: According to this analysis, the factors of sales growth, production costs, and operating costs have a major impact on the amount of money businesses in the food and beverage subsector make between 2021 and 2023. Research limitations/implications: The scope of this study is limited to food and beverage subsector companies listed for 3 years on the IDX. In addition, the focus of activities are only factors that affect sales growth, production costs, and operating costs. Practical implications: Can make plans to improve profitability using the findings of the research analysis. Originality/value: This paper is original Paper type: Research paper
ISSN:2597-4750
2597-4785