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Analisis Profitabilitas Terhadap Nilai Perusahaan Melalui Struktur Modal Sebagai Variabel Intervening (Studi kasus pada sub sektor Hotel, Restoran dan Pariwisata yang terdaftar di Bursa Efek Indonesia tahun 2018-2020) Yoga Nudea sofyan; Nor Norisanti; R. Deni Muhammad Danial
Management Studies and Entrepreneurship Journal (MSEJ) Vol. 3 No. 4 (2022): MSEJ : Management Studies and Entrepreneurship Journal
Publisher : Yayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/msej.v3i4.804

Abstract

Manajemen keuangan pribadi adalah segala aktivitas atau tindakan perusahaan yang berhubungan dengan bagaimana cara mendapatkan pendanaan modal kerja, pengalokasian atau penggunaan dana, dan pengelolaan aset yang ada untuk mencapai tujuan utama perusahaan. Tujuan penelitian ini untuk mengetahui gambaran profitabilitas, nilai perusahaan dan struktur modal sebagai variabel intervening. Untuk mengetahui seberapa besar pengaruh profitabilitas, nilai perusahaan dan struktur modal sebagai variabel intervening pada sub sektor hotel, restoran dan pariwisata yang terdaftar di BEI tahun 2018-2020. Pendekatan penelitian ini adalah deskriptif asosiatif dengan pendekatan kuantitatif. Data yang digunakan dalam penelitian ini pada laporan keuangan perusahaan sub sektor hotel, restoran dan pariwisata yang terdaftar di BEI tahun 2018-2020. Path analisis digunakan untuk teknis analisis data termasuk uji koefisien determinasi, koefisien kolerasi,uji t,uji f,sobel test. Hasil penelitian menunjukan bahwa Profitabilitas berpengaruh positif  signifikan terhadap struktur modal, Profitabilitas tidak berpengaruh positif dan tidak signifikan terhadap nilai perusahaan,hal tersebut ditunjukan dengan nilai t hitung lebih besar dari t tabel, Struktur modal berpengaruh negatif dan tidak signifikan terhadap nilai perusahaan, Struktur modal tidak mampu memediasi pengaruh antara variabel Profitabilitas terhadap variabel nilai perusahaan. Kata Kunci : Profitabilitas, Struktur Modal, Nilai Perusahaan
Optimalisasi Upgrading Staf Terhadap Kinerja Karyawan Melalui Disiplin Kerja Sebagai Variabel Intervenin Solihudin Solihudin; Faizal Mulia Z; R Deni Muhammad Danial
Management Studies and Entrepreneurship Journal (MSEJ) Vol. 3 No. 4 (2022): MSEJ : Management Studies and Entrepreneurship Journal
Publisher : Yayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/msej.v3i4.833

Abstract

Berdasarkan hasil wawancara yang dilakukan oleh penulis kepada karyawan CV.NJ TAHU CIKIRAY  terdapat kedisiplinan yang kurang dan tidak teratur dalam waktu dengan pekerjaan mereka, hal itu yang menyebabkan berkurangnya rasa bertanggung jawab atas pekerjaan mereka. Tujuan penelitian ini adalah untuk mengetahui besarnya pengaruh optimalisasi upgrading staf terhadap kinerja karyawan melalui disiplin kerja sebagai variabel intervening. Teknik analisa data mulai dari penyusunan data, tabulasi data hingga pengujian, karena menggunkan metode analisis verifikatif maka digunakan pengujian dengan persyaratan data sekurang-kurangnya berupa data inteval.  Berdasarkan hasil penelitian diperoleh H0 terletak sebelah kiri titik kritis sedangkan H1 terletak sebelah kanan titik kritis, dengan kata lain titik kritis 3,251 untuk = 37 diperoleh dari pengaruh ketiga variabel yaitu upgrading staf dan disiplin kerja sebagai variabel bebas terhadap kinerja karyawan sebagai variabel terikatnya sebesar 15,644 maka dari ketiga variabel tersebut terdapat pengaruh yang signifikan. Dari hasil penelitian ini menunjukan bahwa upgrading staf memiliki pengaruh positif terhadap kinerja karyawan dan disiplin kerja memiliki pengaruh negatif terhadap kinerja karyawan. Kata Kunci : Upgrading Staf,Disiplin Kerja,Kinerja Karyawan
Pengaruh Perencanaan Strategi, Keunggulan Bersaing Terhadap Keberlangsungan Usaha Pada Usaha Rumah Makan Padang, Kota Sukabumi Andi Sopandi; R. Deni Muhammad Danial; Dicky Jhoansyah
Management Studies and Entrepreneurship Journal (MSEJ) Vol. 3 No. 4 (2022): MSEJ : Management Studies and Entrepreneurship Journal
Publisher : Yayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/msej.v3i4.962

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh Perencanaan Strategi dan keunggulan kompetitif untuk kelangsungan usaha studi empiris pada usaha rumah makan padang di Kota Sukabumi. Proses pengumpulan data menggunakan metode nonprobably sampling yang meliputi sampling jenuh. Dengan memperoleh 40 rumah makan padang sebagai sample dan 24 kuisioner. Data dalam penelitian ini menggunakan data hasil observasi langsung menanyakan permasalahan kepada narasumber. Penelitian ini merupakan penelitian kuantitatif dengan pengolahan data menggunakan Statistical Product and Service Solution version 26 (SPSS 26). Proses analisis yang digunakan adalah analisis regresi berganda lalu kemudian pengujian hipotesis. Variabel independen dalam penelitian ini adalah perencanaan strategi dan keunggulan kompetitif. Variabel dependen dalam penelitian ini adalah kelangsngan usaha. Hasil penelitian menunjukan perencanaan strategi dan keunggulan kompetitif berpengaruh terhadap kelangsungan usaha, sedangkan perncanaan strategi berpengaruh terhadap keunggulan kompetitif. Kata Kunci : kelangsungan usaha, perencanaan strategi, observasi langsung.  
Pengaruh Orientasi Pasar Dan Inovasi Strategi Terhadap Kinerja Usaha Mikro Kecil Dan Menengah (UMKM) Pada Masa Covid-19 Disa Faletina Falentina; R Deni Muhammad Danial; Resa Nurmala
Journal of Economic, Bussines and Accounting (COSTING) Vol 6 No 1 (2022): COSTING : Journal of Economic, Bussines and Accounting
Publisher : Institut Penelitian Matematika, Komputer, Keperawatan, Pendidikan dan Ekonomi (IPM2KPE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/costing.v6i1.4185

Abstract

This study aims to determine the description and influence on market orientation, strategic innovation on the performanceof of micro, small and medium enterprises (MSMEs) in the city of Sukabumi during the Covid-19 period. The type of research carried out is quantitative research with a strategic management approach method. The population is fashion MSME in Sukabumi City totaling 38. The data collection technique uses total sampling, which means that the entire population in this study is sampled. Data analysis technique using the validity and reliability test of IBM SPSS version 26for windows. The result of multiple linear regression analysis show that market orientation (X1) and innovation (X2)affect the performance of MSME (Y) indicated by a sig value of more than 0,05 and obtained a t table of 1,68709 so H1 and H0 were rejected, meaning that there was a positive influence on market orientation on the performance of MSME in Sukabumi City. Keywords : market orientation, strategic inovation, MSME
Analisis Kebijakan Dividen Dalam Memoderasi Profitabilitas, Likuiditas, Dan Leverage Terhadap Nilai Perusahaan Fitrah Shaumi Ulul Albab; Nor Norisanti; R Deni Muhammad Danial
Journal of Economic, Bussines and Accounting (COSTING) Vol 6 No 1 (2022): COSTING : Journal of Economic, Bussines and Accounting
Publisher : Institut Penelitian Matematika, Komputer, Keperawatan, Pendidikan dan Ekonomi (IPM2KPE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/costing.v6i1.4192

Abstract

This study aims to analyze and examine the effect of dividend policy in moderating profitability, liquidity, and leverage on firm value in conventional banking sub-sector companies listed on the Indonesia Stock Exchange for the 2018-2020 period. The research method used is descriptive associative research method with a quantitative approach. The population in this study amounted to 42 companies with a sample of 10 companies with observations for three years. The results showed that Profitability (ROE) had an effect on firm value, while Liquidity (LAR) and Leverage (DAR) had no effect on firm value, and dividend policy was not able to moderate Profitability (ROE), Liquidity (LAR), and Leverage (DAR). to the value of the company. Keywords : Dividend Policy, Profitability, Liquidity, Leverage, Firm Value
ANALISIS INOVASI BISNIS DAN ORIENTASI PESAING UNTUK MENINGKATKAN ORIENTASI KEWIRAUSAHAAN PADA UMKM MAKANAN SNACK DI KOTA SUKABUMI Utari Adetianingsih; R. Deni Muhammad Danial; Faizal Mulia Z
Business UHO: Jurnal Administrasi Bisnis Vol 7, No 2 (2022): Business UHO: Jurnal Administrasi Bisnis
Publisher : Universitas Halu Oleo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52423/bujab.v7i2.26439

Abstract

Tujuan penelitian ini untuk mengetahui besarnya pengaruh pada inovasi bisnis terhadap orientasi kewirausahaan dan untuk mengetahui pengaruh orientasi pesaing terhadap orientasi kewirausahaan. Metode penelitian yang digunakan adalah deskriptif dan asosiatif dengan pendekatan kuantitatif dan metode teknik sampel jenuh. Teknik analisis data mulai dari uji validitas, uji reliabilitas dan normalitas, selain itu didukung pula oleh uji f, koefisien korelasi ganda, koefisien determinasi, regresi linear berganda serta uji t untuk mengetahui sejauh mana pengaruh dari kedua variabel independent terhadap variabel dependent. Dan teknik analisis data menggunakan bantuan software IBM SPSS statistic version 24.   
Analisis Model Altman, Model Zmijewski dan Model Ohlson Untuk Memprediksi Financial Distress Fadhila Wanda Hidayati; Dicky Jhoansyah; R. Deni Muhammad Danial
Jurnal Indonesia Sosial Sains Vol. 2 No. 02 (2021): Jurnal Indonesia Sosial Sains
Publisher : CV. Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (951.46 KB) | DOI: 10.59141/jiss.v2i02.179

Abstract

Penelitian ini bertujuan untuk memprediksi tingkat financial distress pada PT. Krakatau Steel (persero) Tbk yang merupakan perusahaan BUMN atau Badan Usaha Milik Negara yang bergerak dibidang . Perusahaan BUMN membantu untuk pertumbuhan ekonomi Indonesia. Oleh sebab itu, setiap perusahaan bersaing untuk mendapatkan profit yang besar. Jika perusahaan tidak bisa mendapatkan profit perlu diketahui lebih dalam apakah kondisi keuangan perusahaan baik-baik saja atau mengalami suatu masalah. Kesulitan keuangan bisa saja meimpa perusahaan manapun dan jika tidak segera ditangani akan mengakibatkan perushaan mengalami kebangkrutan. Prediksi financial distress merupakan salah satu cara yang harus dilakukan perusahaan agar mengetahui kondisi keuangan perusahannya. Pada penelitian ini digunakan tiga model untuk memprediksi financial distress pada PT. Krakatau Steel (persero) Tbk. Berdasarkan hasil penelitian menggunakan model altman PT. Krakatau Steel (persero) Tbk pada tahun 2012 berada di posisi grey zone, sedangkan dari tahun 2013- 2018 perusahaan berada diposisi distress zone yang artinya perusahaan meglami kesulitan keuangan (financial distress). Pada model zmijewski, dari tahun 2012-2018 perusahaan dinyatakan tidak mengalami kebangkrutan meskipun perusahaan mengalami laba setelah pajak yang bernilai negatif, total utang yang meningkat juga kewajiban lancar yang mengalami kenaikan. Pada model ohlson, tahun 2012 perusahaan diprediksi mengalami kebangkrutan dan pada tahun 2013- 2018 perusahaan dinyatakan tidak mengalami kebangkrutan meskipun perusahaan mengalami total tang yang meningkat, menurunnya modal kerja perusahaan, serta laba yang didapat perusahaan bernilai negatif.
FINANCIAL PERFORMANCE ANALYSIS WITH ECONOMIC VALUE ADDED METHOD OF PT. MUSTIKA RATU TBK Beta Deli Pratiwi; R. Deni Muhammad Danial; Dicky Joansyah
Jurnal Apresiasi Ekonomi Vol 6, No 3 (2018)
Publisher : Institut Teknologi dan Ilmu Sosial Khatulistiwa

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (223.011 KB) | DOI: 10.31846/jae.v6i3.92

Abstract

PT Mustika Ratu Tbk. is a modern cosmetics and herbal medicine company listed on the Indonesia Stock Exchange. The problems that exist in PT Mustika Ratu Tbk. is on the company's Economic Value Added seen from the value of Invested Capital, NOPAT, WACC, and Capital Charges companies that fluctuate during the period 2012-2016. The purpose of this research is to know the financial performance of PT Mustika Ratu Tbk. in terms of Economic Value Added period 2012-2016. The method of analysis used in this research is descriptive method. The data used in this research is secondary data. The object of this study is the financial statements of PT. Mustika Ratu Tbk consisting of Balance Sheet and Income Statement in 2012 until 2016. The data in this research is obtained through literature study and corporate documentation. The results showed that the Economic Value Added (EVA) in 2012 amounted to 1,142,908,461 can be assessed Positive because it is above the value 0 on a predetermined benchmark, which means there has been an economic value-added process for the company. In 2013 Economic Value Added (EVA) of-944,887,103 can be rated Negative because it is below the value 0 on the benchmark that has been set, meaning there is no process of economic value-added for the company. In 2014 Economic Value Added (EVA) of -11.210.007.738 can be rated Negative because it is below the value 0 on the benchmark that has been set, meaning there is no process of economic value-added for the company. In 2015 Economic Value Added (EVA) of -10.595.194.484 can be rated Negative because it is below the value 0 on the benchmarks that have been set, meaning there is no process of economic value-added for the company. In 2016 Economic Value Added (EVA) of -17.181.300.521 can be rated Negative because it is below the value 0 on the benchmark that has been set, meaning there is no process of economic value-added for the company. Keywords: Financial Performance, Economic Value Added.[Font bold dan hanya satu alinea]
ACTIVITY RATIO ANALYSIS FOR MEASURING COMPANY EFFECTIVENESS PT. MARTINA BERTO TBK JAKARTA Fauziah Rahmawati; R. Deni Muhammad Danial; Erry Sunarya
Jurnal Apresiasi Ekonomi Vol 6, No 3 (2018)
Publisher : Institut Teknologi dan Ilmu Sosial Khatulistiwa

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (194.984 KB) | DOI: 10.31846/jae.v6i3.91

Abstract

This research at PT. Martina Berto Tbk. a company listed in the cosmetics and household subsector of Indonesia Stock Exchange. The object of this research is the financial statement PT. Martina Berto Tbk. which is decreasing in sales every year. This research has a purpose to know the analysis of activity ratio to measure the effectiveness of the company PT. Martina Berto Tbk. observerd of seven aspects, its receivable turnover, days of receivable, inventory turnover, days of inventory, working capital turnover, fixed assets turnover and total assets turnover the period of 2012-2016. . The data of this research obtained from secondary data such as literature and company documentation. The analysis method applied in the research was descriptive. Based on the result of the research, it is found that the calculated result of activity of the company consist in effectiveness of company PT. Martina Berto Tbk. in terms of receivable turnovers from 2012-2016 are amounted to 2.4 times, 2.3 times, 2.2 times, 2,1 times, and 1.9 times. The days of receivable in 2012-2016 are amounted to 152 days, 158 days, 165 days, 173 days, and 192 days. The inventory turnovers in 2012-2016 are amounted to 13.5 times, 12,0 times, 8,9 times, 9,0 times, and 7,2 times. The days of inventory in 2012-2016 are amounted to 27 days, 30 days, 41 days, 40 days, and 50 days. The working capital turnovers in 2012-2016 are amounted to 1.9 times, 1.8 times, 2,0 times, 2,1 times, and 2,1 times. The fixed assets turnovers in 2012-2016 are amounted to 8,8 times, 4,7 times, 4.5 times, 4,7 times, and 4,6 times. The total assets turnovers in 2012-2016 are amounted to 1,1 times, 1,0 times, 1,0 times, 1,0 times, and 0.9 times. This fluctuation resulted in poor management of the assets and the ability to decrease sales.[Bold] Keywords: Effectiveness Company, Activity Ratio.
The Effect of Non-Physical Work Environment and Work Productivity on Employee Performance at Mr. DIY Sukabumi City Faizal Mulia Z; R. Deni Muhammad Danial; Anggia Puspa Ardiani
Inovbiz: Jurnal Inovasi Bisnis Vol 11, No 1 (2023)
Publisher : Politeknik Negeri Bengkalis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35314/inovbiz.v11i1.3304

Abstract

The purpose of this study was to determine the description of non-physical work environment, work productivity, and employee performance at Mr. DIY Sukabumi City, to determine the effect of non-physical work environment on employee performance at Mr. DIY Sukabumi City, and to determine the effect of work productivity on employee performance at Mr. DIY Sukabumi City. The phenomenon that occurs in the performance of employees of Mr. DIY Sukabumi City is lacking in terms of employee work quality, namely the lack of employee ability in work. This problem is caused by one of the dimensions in the nonphysical work environment, namely leader attention and support. In this case, the leader does not give appreciation to the work of employees. Another cause is the ability which is one of the factors in work productivity, namely the lack of employee skills so that it cannot improve work efficiency and effectiveness. In this case, employees do not have sufficient knowledge about the products sold at Mr. DIY so that it affects employees in making sales. The methods used in this research are descriptive research methods and associative research methods with a quantitative approach. The sampling technique used by researchers is a saturated sample technique, which is a total of 30 respondents. The data analysis technique used is the classical assumption test, multiple linear regression analysis which includes the coefficient of determination, multiple correlation coefficients and partial tests (t test). The results showed that partially the non-physical work environment affects employee performance. Work productivity affects employee performance. The contribution of the influence of non-physical work environment variables and work productivity on employee performance is 76.3%. While the remaining 23.7% is influenced by other variables outside this regression equation or variables not examined.
Co-Authors Abdul Aziz, Muh. ABYASA Acep Samsudin ACEP SYAMSUDIN Ackbar Pirdaus Adinda Indriana Afriani, Nevi Afriani Aisyah, Serlina Alayya, LA Syara Alhidayatullah Alipia, Maya Aliya Nurfauzia Aminullah, Irsyad Amira Tussa'Adah Anak Agung Putu Ayu Inggriyani Andi Sopandi Andini Nidia Putri Aneu Lutfiana Anggara Putra Munggaran Anggia Puspa Ardiani Aprianto, Muhammad Shidiq Ardina Anjani Ari Saepunizar Arini Wahyunina Putri Arsy Permatasari Zahara Asep Muhamad Ramdan Asep Muhammad Ramdhan Auleani, Laela Aulia Asri Fawwazi Haryanto Aulia Firdaus, Alya Azis Mauraksa Beta Deli Pratiwi Cindy Fitriya Daniel Happy Putra Darmo H Suwiryo Darmo Suwiryo Daud, Fauzan Yanuar Dema Puteri Ayu Cahyani Dewi, Fitriani Deya Mentari Octavia Anugerah Dian Fitriani Dicky Jhoansyah Dicky Joansyah Dine Sri Rahayu Disa Faletina Falentina Ditha Indah Fatmasari Elsa Amaliana Elsa Gusfryani Erry Sunarya Fadhila Wanda Hidayati Fadjar Hilmawan Faizal Mulia Z Faizal Mulya Z Famela Sophya Suciati Fani Julia Pratama Fauziah Rahmawati Fazlilah, Anjalina Nurwahyuni Febi Fatimah Febriansyah Kurniawan Febriyan Subagya Ferdianza, Yan Fikri Ahmad Fauzi Fitrah Shaumi Ulul Albab Fuji Safitri Fuji Siti Nurfitrah Gusfryani, Elsa Halimatul Fitriah Haniifah , Khairunnisa Hasanah, Alif Piya Nurul Haura Ananda Putri Haura Ananda Putri Herlambang Sukma, Ajeng Marnisa Hermawati, Irma Ia Siti Bahriah Ibrahim, Muhammad Taufik Ida Halimah IKE RACHMAWATI Ilham Maulana Ilham Maulana Ibrahim Ilham Purnama Putra Ira Ardyani Jauza Dzahabiyya Kambali, Laraswati Kania R, Difa'a Khairul Amal, Muhammad Kokom Komariah Kokom Komariah Kusmayadi, Mutiara Shinta Laila Hamidah Lailaturrahmah MD , Khoirunnisa Lala Febby Ardiany Larasati Dewi Hermawann Leydia Maulidiawaty, Siti Lia Amelia Lia Suliah Luki Abdul Hakim S Lulu Gita Lulu Luciana M Rizal Maulana Machmudin, Arief Mahesa Saputra Meilisya Nurfazzar Abdurohim Meita Dilani Nurhandriani Moch Alhadi Fahtiansyah Mochamad Anton Wiguna Saputra Mochammad Maulana Hasan Jaelani Moh Irpan Firmansyah Muhamad Alvi Irpansyah Muhamad Alvi Irpansyah Muhamad Syahrul Kurniawan Muhammad Noval Muhammad Rizki Zaenudin Mulyana, Muhamad Murty, Try Mustika Nabila Maulana Yusup, Silva Nindya, Regista Nizar, Auralea Nor Norisanti Novita Sari Nur Sabrina, Aliya Nurillah Sopian Nurmala, Resa Oktavina Susanti Kanday Permadi, Intan Kamil Dwi PIPIT FITRIANTI Pryal, Agitya Nur Putri Rahmah, Marissa Rahmah Ummi Ramdan Nurul Anwar Ramdani, Nugi M. Ramdani, Siti Novia Raysa Alevia Permana Reichan Maulana Putra Isna Resa Nurmala Resti Ganis Yuliani Rian Maulana, Rian Riani Fauzia Rahmayanti Riri Rifardi Riska Pebriyanti Rismayanti, Siti Syaaidah Rizqi Anugrah Rohilah Rohilah Ruly Hardiansyah Sakti Alamsyah Salsabila Safiratunnajah Saputra, Afrizal Dwi Wana Septiani, Fanysa Shera Wulan Ruswandi Siska Apriliani Widiastuti Siska Mardiana Siti Nuraeni, Siti Solihudin Solihudin Sopyan Saori Suciati, Famela Sophya Sunarya, Erry Surahman, Zakilla Stephania Suwiryo, Darmo H. Syariefa Bintang Maharani, Adinda Ummi, Rahmah Utari Adetianingsih Vini Eka Paksi Wahyudin, Salsabila Wanda Meilanisari Widyasmarani Putri Mujiyanti Wimartfian, Restu Eka Winda Astri HIdayat Yahmardiana, Aini Yoga Nudea sofyan Yonan Bastiar Yosef Saefurrohmat Yudistira, Syifa Aulia Yunie Mevia Zafar, Tetty Sufianty Zahara, Arsy Permatasari Zahra, Nadabila Zakia, Hudan Gulaman Zia Rahmawati Zikrillah Fajari