Eduvest - Journal of Universal Studies
Vol. 6 No. 6 (2026): Eduvest - Journal of Universal Studies

An Analysis of the Influence of Financial Performance on Profit Growth Predictions (An Empirical Study of Manufacturing Companies in the Real Estate and Property Subsector)

Ira Yudi Farmawati (Sekolah Tinggi Ilmu Ekonomi Samarinda, Indonesia)
Yundi Permadi Hakim (Sekolah Tinggi Ilmu Ekonomi Samarinda, Indonesia)
Bowo Lestono (Sekolah Tinggi Ilmu Ekonomi Samarinda, Indonesia)



Article Info

Publish Date
09 Jun 2026

Abstract

This study aims to determine the influence of financial performance in predicting profit growth in manufacturing companies in the Real Estate and Property sub-sector on the Indonesia Stock Exchange for the 2017–2022 period. The sampling technique in this study used a purposive sampling method and obtained a sample of 37 companies. The analysis technique used is multiple linear regression analysis and Moderated Regression Analysis (MRA) using SPSS software version 25.0. The results of this study indicate that WCTA, DER, and NPM have no effect on profit growth, while TATO and firm size have an effect on profit growth, and simultaneously WCTA, DER, TATO, UP, and NPM have an effect on profit growth. ROA is able to moderate the relationship between WCTA, TATO, company size, and NPM on profit growth, while ROA is not able to moderate the relationship between DER and profit growth. It is hoped that this research can be used as a consideration for manufacturing companies in the Property and Real Estate sub-sector in order to improve their financial performance so that they will be able to attract more investors and pay attention to the factors that can affect profit growth.

Copyrights © 2026






Journal Info

Abbrev

edv

Publisher

Subject

Aerospace Engineering Computer Science & IT Health Professions Neuroscience Social Sciences

Description

Eduvest - Journal of Universal Studies is a double blind peer-reviewed academic journal and open access to multidiciplinary fields. The journal is published monthly by Green Publisher Indonesia. Eduvest - Journal of Universal Studies provides a means for sustained discussion of relevant issues that ...