PENGARUH PERTUMBUHAN PENJUALAN, EFISIENSI BIAYA, DAN LEVERAGE TERHADAP PROFITABILITAS INDUSTRI MAKANAN MINUMAN

Shalsa Billa Eka Putri; Sunu Priyawan

doi:10.37600/ek&bi.v9i1.2512

Shalsa Billa Eka Putri Universitas 17 Agustus 1945 Surabaya
Sunu Priyawan Fakultas Ekonomi dan Bisnis, Universitas 17 Agustus 1945 Surabaya

DOI: https://doi.org/10.37600/ek&bi.v9i1.2512

Abstract

The purpose of this study is to examine how sales growth, cost efficiency, and leverage affect the profitability of manufacturing companies listed on the Indonesia Stock Exchange in the food and beverage sub-sector from 2020 to 2023. A quantitative method was used for this study, which utilized secondary data from the companies' annual financial reports. Furthermore, the data was processed and analyzed using multiple linear regression using SPSS version 25 to evaluate the partial and simultaneous effects of each variable. The study shows that cost efficiency and sales growth have a significant effect on profitability, so both are considered very important for improving business financial performance. However, leverage does not have a significant impact, indicating that debt has not been able to make a real contribution to profit growth. Simultaneously, the three variables have a significant effect, with an R2 value of 0.640, indicating that the model can explain 64% of the variation in profitability. These findings suggest that to improve the profitability of companies in the food and beverage sub-sector, it is essential to focus on sales growth and cost control.
Keywords: Sales Growth, Cost Efficiency, Leverage, Profitability

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