PENGARUH MODAL KERJA, BIAYA PRODUKSI DAN PENJUALAN TERHADAP LABA BERSIH PADA PERUSAHAAN SUB SEKTOR FARMASI YANG TERDAFTAR DI INDEKS SAHAM SYARIAH INDONESIA TAHUN 2019-2023

Abstrak

The era of globalization has changed the dynamics of investment, making it more integrated and complex. The Investment Law in Indonesia aims to attract foreign and domestic capital, strengthen the economy, and create jobs. The purpose of this study is to determine the effect of working capital, production costs and sales on net profit in pharmaceutical sub-sector companies listed on the Indonesian Sharia Stock Index in 2019-2023, both partially and simultaneously. This study uses secondary data. This research method is descriptive quantitative with an analysis method using the classical assumption test, panel data analysis and hypothesis testing (T-Test and F-Test) using the E-Views 12 program. The population in this study were all pharmaceutical sub-sector companies on the IDX in 2019-2023, namely 11 companies. And the sampling technique in this study used Purposive Sampling so that 11 companies could be obtained. The results of the partial test analysis of this study indicate that working capital partially has no significant effect on net profit, namely with a significant value of t count of 1.301410 <t table, namely 2.00575 and a sig value of 0.2004> 0.05. Then the production cost partially has a significant positive effect on net profit, namely with a significant value of t count of 2.281243> t table, namely 2.00575 and a sig value of 0.0278 <0.05. And sales partially do not have a significant effect on net profit, namely with a significant value of t count of 0.605225> t table, namely 2.00575 and a sig value of 0.5484. Simultaneously, it can be seen that working capital, production costs and sales have an effect on net profit, namely with a significant value of F count of 5.339568> F table 2.79 and a sig value. 0.000017 < 0.05.