Claim Missing Document
Check
Articles

Analyzing the Financial Performance of PT. Steel Pipe Industry of Indonesia Tbk Widjanarko, Bambang; Panjinata, Awan; Sukoco, Agus; Suyono, Joko
International Journal of Industrial Engineering, Technology & Operations Management Vol. 1 No. 2 (2023): December 2023
Publisher : Indonesia Academia Research Society

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62157/ijietom.v1i2.32

Abstract

The financial report is a vital tool for acquiring insights into a company's financial position and business performance. Through financial statement analysis, crucial indicators pertaining to the company's financial health are unveiled, rendering it a valuable resource for guiding financial decision-making processes and offering a comprehensive portrayal of the company's performance. This study evaluates the financial performance of PT Steel Pipe Industry of Indonesia Tbk. and forecasts the company's sales turnover over the next five years. This research adopts a quantitative descriptive approach, utilizing secondary data spanning from 2018 to 2022 from the PT Steel Pipe Industry of Indonesia Tbk. The data analysis process encompasses several stages, including (i) Ratio Analysis of Financial Reports from 2018 to 2022, (ii) Compilation of sales data, (iii) Projections of sales figures using the least squares method, and (iv) Forecasting profits for the period from 2023 to 2027. The findings of this study indicate that the PT Steel Pipe Industry of Indonesia Tbk. is facing challenges in its financial performance, as the ratio values consistently fall below industry-standard financial metrics. However, the company has demonstrated resilience in maintaining its profitability levels, evidenced by a 6% increase in profit percentage in 2021 compared to 2020. This can be attributed to the company's consistent profit generation efforts, resulting in year-on-year profit growth.
Solar power Pump Farmer Technology Ellak Daya Village Farmers with modern rural agricultural irrigation supported by a smart hybrid inverter system in the Lenteng sub-district, Sumenep, Indonesia Cahyati, Cholilul; Suwandi, Ahmad; Santosa, Ribut; Setiawan, Muhammad Ikhsan; Prawito, Adi; Sukoco, Agus
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 6 No 6 (2023): November 2023
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v6i6.2594

Abstract

Ellak Daya Village is one of the villages in Lenteng sub-district, Sumenep Regency with dry land/fields 63.3% of the total land with commodity crops of Corn, Beans, Soybeans, Rice and herbal chilies, which are only capable of maximum production in rainy season during the dry season the fields/dry land in Ellak Daya are less productive. This condition is one of the triggers for Ellak Village to be a village with the potential for extreme poverty, based on an analysis of the identified problems, namely: Problems in the field of management. Arranging planting patterns and irrigation schedule systems, in the processing sector, namely the absence of effective and cheap irrigation facilities and the absence of irrigation methods. The aim of training and mentoring is carried out so that farmer groups have the skills to regulate planting patterns, have management skills in irrigation schedules, apply technology. solar cell pump with energy sources from nature. Activities that have been carried out in the form of training and mentoring are: FGD, socialization, training and mentoring which will be carried out from 26 September to 20 November 2023 at the village hall and at the farmer group's house. The problems in this activity are: the partner's age is 50 years and over, and their education level is still low. Achievement of targets in training and mentoring in this program is measured by giving a Pre Test and Post test. Conduct training. 100% of participants know about the procedures for planting patterns and 40% understand how to set planting patterns, participants who attend training and mentoring activities on average above 65% of the total number of members