Jurnal Inovasi Pendidikan Ekonomi
Vol 14, No 2 (2024): Jurnal Inovasi Pendidikan Ekonomi

The Effect of Sales Growth, Company Size, and Liquidity on Profit Growth in the Transportation and Logistics Sector Listed on the BEI in 2020-2023

Puja Rizki Shintia Putri (Department of Economics Education, Universitas Negeri Padang)
Elvi Rahmi (Department of Economics Education, Universitas Negeri Padang)



Article Info

Publish Date
27 Dec 2024

Abstract

This study examines how sales growth, firm size, and liquidity affect profit growth in logistics and transportation companies listed on the BEI between 2020 and 2023. With a sample of 24 businesses chosen through purposive selection, the study focuses exclusively on companies in this industry. The analysis makes use of secondary data obtained from financial statements. The results, which were obtained by using A surge in sales growth, have a favorable and significant impact on profit growth. Liquidity has a little and inconsequential impact on profit growth, whereas the company’s size has no noticeable effect. However, sales growth, company size, and liquidity significantly affect profit growth. In light of these results, companies are encouraged to enhance profitability by implementing strategies that optimize operational efficiency, manage liquidity prudently, and drive sales growth. The size of a company has minimal effect on profit growth; therefore, focusing on innovation is more beneficial, and high-quality services and sustainable growth strategies are recommended.

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Journal Info

Abbrev

jipe

Publisher

Subject

Other

Description

Jurnal Inovasi Pendidikan Ekonomi is a peer-reviewed journal and scientific journal devoted to the publication of original papers published by Universitas Negeri Padang. Since 2018, this journal has become an open-access peer-reviewed online journal of economics and education studies published by ...