Net Profit Research Articles

Enhancing Capsicum Cultivation under Polyhouse, Shadenet House and Open Field Conditions with Drip Fertigation

Capsicum cultivation is a highly challenging task in open field conditions because of the extreme climatic conditions and poor input delivery system. Hence, the protected cultivation of capsicum is catching up. The present study evaluates the comparative performance of polyhouse, shadenet house and opens field conditions on the biometric, yield, fruit quality and economics of capsicum using drip and fertigation system. The study also determines the optimum dose of irrigation water and fertilizer application using drip irrigation methods under different protected cultivation structures. The study was conducted at Precision Farming Development Centre, IIT Kharagpur, for two consecutive years during 2022 and 2023. The irrigation water requirement of capsicum under polyhouse, shadenet house and open field conditions was estimated using FAO-56 Penman Monteith approach. When compared to open field cultivation, drip irrigated capsicum requires approximately 35.2% less water under polyhouse conditions and 25.5% less under shade net houses. The study also found that biometric parameters, yield and quality of capsicum are superior under polyhouse in comparison to the capsicum grown under shadenet and in open field conditions. Polyhouse treatments, particularly 100% RDF with 80% WR, demonstrated superior biometric parameters, quality metrics, and water productivity compared to other treatments. Capsicum grown under shadenet house conditions with 120% RDF with 80% WR also showed enhanced yield and quality over open field conditions. Economic analysis revealed that polyhouse cultivation, despite higher initial costs, yielded the highest net profit and benefit-cost ratio, followed by shadenet house and open field conditions. These findings underscore the importance of controlled environments in improving capsicum production and economic returns, highlighting the potential of polyhouses and shadenet houses in optimizing crop performance and resource use efficiency.

Comparison of Financial Performance in Pharmaceutical Industry Companies

This research aims to evaluate the financial performance of PT Kimia Farma (Persero) Tbk, PT Indofarma (Persero) Tbk, and PT Kalbe Farma (Persero) Tbk during the 2016-2022 period using liquidity, profitability, leverage, activity, and efficiency ratios as comparison metrics. The research applies quantitative descriptive analysis through ratio calculations, and is classified as explanatory research with a quantitative approach. The DuPont System Analysis, which highlights the Net Profit Margin, is also employed. The findings reveal that PT Kalbe Farma (Persero) Tbk and PT Kimia Farma (Persero) Tbk showed improved financial performance in 2016-2022, characterized by an increasing liquidity ratio, indicating better debt management. In contrast, PT Indofarma (Persero) Tbk experienced a decline in its liquidity ratio, signifying poorer debt management. Additionally, all three companies—PT Kalbe Farma (Persero) Tbk, PT Indofarma (Persero) Tbk, and PT Kimia Farma (Persero) Tbk—saw declining profitability ratios during this period, reflecting lower profits, which can be considered unfavorable. Overall, while PT Kalbe Farma (Persero) Tbk and PT Kimia Farma (Persero) Tbk had relatively stable financial performance, PT Indofarma (Persero) Tbk's performance was less favorable throughout 2016-2022.

The Effect of Net Profit Margin (NPM) and Total Assets Turnover (TATO) Return on Assets (ROA) at PT Telekomunikasi Indonesia (Persero) Tbk for the Period of 2019-2023

Finding a correlation between ROA and the independent Factors nett profit margin and total asset turnover is the main objective of this study. The research population consists of twenty quarterly financial reports that span the years 2019–2023, sourced from PT Telekomunikasi Indonesia (Persero) Tbk. The study employs quantitative approaches using data extracted from the company's financial records and a sample strategy based on purposeful sampling. To analyse the data, statisticians employ tools like coefficient of determination, hypothesis testing, multiple linear regression, and correlation. Net Profit Margin (NPM) and Total Assets Turnover (TATO) have a partial and simultaneous effect on Return on Assets (ROA) at the 0.05 level of significance

Non-Financial KPIs: The Relationship Between BUMDes Personnel Performance and Financial KPIs

This research aims to examine the influence of BUMDes personnel performance on financial KPIs, with non-financial KPIs serving as a mediator. The sample for this research consists of BUMDes in Bengkulu Province, with a total of 60 observations. The data used is primary data collected through questionnaires. The independent variable is BUMDes personnel performance, which is measured using four indicators: work quality, quantity of work, timeliness of work, and work effectiveness. The mediating variable is the non-financial KPI, measured by three indicators: customer satisfaction metrics, the ratio of repeat customers to new customers, and market share. The dependent variable in this research is the financial KPI, which is measured using three indicators: Gross Profit Margin, Net Profit Margin, and Current Assets. The results prove that: (1) BUMDes personnel performance has a positive and significant effect on financial KPIs; (2) BUMDes personnel performance has a positive and significant effect on non-financial KPIs; (3) financial KPIs have a positive and significant effect on financial KPIs; and (4) non-financial KPIs fully mediate the influence of BUMDes personnel performance on financial KPIs. The findings of this research strengthen stewardship theory and the balanced scorecard approach. Therefore, it is hoped that the follow-up to the results of this research will provide important insights for BUMDes managers in Bengkulu Province in designing strategies to improve organizational performance.

Analisis Kelayakan Investasi Smart Homestay Bu Ai Di Situs Wisata Gunung Padang

The research aims to assess the investment feasibility of Bu Ai's smart homestay. Bu Ai's smart homestay investment feasibility assessment is one of the Matching Fund Grant programs. The subject of this research is Bu Ai's Smart Homestay Business located in Kp.Gunung Padang, Karyamukti Kec.Campaka Kab.Cianjur West Java. This research was conducted for 5 months starting from August-December. The data used in this study are primary data. The methods used in this research are Payback Period, Net Present Value, Profitability Index and Internal Rate of Return. The results found that the feasibility assessment using PP, NPV, PI, & IRR is not feasible. However, at this time the investment is still accepted due to other factors including the location of the homestay which is located in the Gunung Padang site tourism area which has the potential to continue to increase.

Homeward Stroke Recovery: Results of a Home Rehabilitation Program

Evaluate the feasibility of a homeward stroke recovery (HSR) program by measuring functional outcomes, intervention fidelity, and Profit & Loss. A retrospective observational analysis of 23 stroke survivors discharged to a home healthcare (HHC) program offering early and intensive rehabilitative therapy within 24 hours of index hospitalization. Functional outcomes include timed up-and-go, transfer functional independent measures, and Barthel Index. Clinical outcomes are mortality, all-cause 30-day hospital readmission, and fall rates. Process measures consist of time-to-first HHC visit, number of physical therapy (PT) and occupational therapy (OT) visits from initial evaluation, and total number of visits by clinician type. Financial outcomes include average daily gross HSR revenue compared with an inpatient rehabilitation facility (IRF) stay and average daily net HSR profit. Functional outcomes significantly improved across all measures ( p < .001) without reported falls, deaths, and only one unrelated readmission. On average, HSR began within 1.6 days from hospital discharge including 4.2 PT and 3.7 OT visits within 5 days of respective initial evaluation. Patients received an average of 9.4 nursing, 9.2 PT, 6.4 OT, and 2.2 speech therapy visits. Exploratory analyses demonstrated similar functional recovery despite longer hospitalization (rs = 0.43; p = .039). Revenue per day was lower for HSR than IRF services but costs exceeded the reimbursement rates for this program. The HSR program is feasible given that patients realized significant functional improvement with negligible consequences. Reimbursement reform is necessary to sustain and scale the program. Further studies with larger sample sizes are warranted.

Effects of Vermicompost and Blended NPSB Fertilizer on Major Physicochemical Properties of Soil and Economy of Maize Production at Bako, Central Ethiopia

Integrated vermicompost and blended NPSB inorganic fertilizer are needed to improve the soil's fertility status, which can raise output and revenue. Thus, the purpose of the experiment was to ascertain how major physicochemical properties of the soil at Bako were affected by the application of blended NPSB fertilizer and vermicompost. Factorial combinations of four levels of vermicompost (0, 2, 4 and 6 tons ha<sup>-1</sup>) and four levels of NPSB blended inorganic fertilizer (0, 50, 100 and 150 kg ha<sup>-1</sup>) were laid out in Randomized Complete Block Design (RCBD) with three replications. The interaction of vermicompost and NPSB blended inorganic fertilizer had significant effects on ear diameter, grain yields, and harvest index and cob weight. The maximum grain yield (7503.7 kg ha<sup>-1</sup>) was obtained from application of blended NPSB fertilizer at the rate of 100 kg NPSB ha<sup>-1</sup> and 4 tons ha<sup>-1</sup> vermicompost rate with a net profit of 104850 birr and 6143% MRR with values to cost ratio of 3.47 birr profit per unit investment for midland maize production at Bako. Therefore, it can be said that the application of 100 kg NPSB ha<sup>-1</sup> and 4 t vermicompost ha<sup>-1</sup> was shown to be superior in terms of both grain yield and economic advantage, and it is therefore tentatively advised for use. To come to a definitive decision, the experiment needs to be repeated across a number of years, as this study was only conducted during one season at one site.

Integrated crop management for long-term sustainability of maize-wheat rotation focusing on productivity, energy and carbon footprints

Modern agriculture, driven by diesel-fed machinery, is both energy and carbon-intensive, primarily due to the improper use of inputs. Designing a production module with lower carbon emissions, greater productivity, and enhanced energy use efficiency is crucial for achieving the environmental sustainability. Conservation agriculture based integrated crop management (ICMs) practices have shown promise in improving the productivity, energy-use, and reducing the carbon emissions. In our extensive long-term field study, we explored the crop yields, energy use, and carbon linkages of a maize-wheat rotation under different ICMs practices. Eight ICMs were evaluated over the course of nine consecutive years, which included ICM1&2: conventional (CT) flat-bed maize and wheat, ICM3&4: CT raised bed maize fb wheat without residues, ICM5&6: conservation agriculture (CA)-based double zero tilled (ZT) maize fb ZT wheat with residues and ICM7&8: CA-based triple ZT maize and wheat with residues and green manures. Our results indicated that the system productivity under CA-based ICMs was 16.5–22.9% greater than that under the CT-based ICM1-4. CA based ICM5-8 (125.2–131.5 × 103 MJ ha−1) needed higher energy input than CT-based ICM1-4 (32.7–39 × 103 MJ ha−1), with 76–80% shared by renewable crop residues. Furthermore, the CA-based ICMs recorded significantly higher levels of specific energy, human energy profitability, non-renewable energy use efficiency, and nutrient energy use efficiencies compared to CT-based. Likewise, the CA-based ICMs produced 12.5% more total output energy than the CT-based ICMs. In contrast, the CT based ICMs demonstrated, energy productivity, higher net energy returns and energy profitability. Compared to conventional ICMs, CA-based ICMs produced a 23–36% reduction in spatial carbon emissions and a 31–44 % reduction in yield-scale emissions. Nevertheless, the CA-based practices recorded the higher C- output, C- sustainability and C- efficiency ratio. Greenhouse gas intensity (GHGI) was 33.3–76.2% greater with the ICM1-4 practices than with the ICM5-8 practises. Thus, the present study proposed that adopting the integrated crop management practices based on the conservation agriculture could prove to be productive, as well as carbon and energy-use efficient approach for the maize-wheat rotation. This approach is envisioned to make substantial contributions to both food security and environmental sustainability.

Analysis of the Influence of Business Model Innovation on the Operating Capacity of Enterprises: Taking Zhejiang Haers as an Example

This paper takes the case of Zhejiang Haers as the object to explore the impact of business model innovation on the operating capacity of the enterprise, analyzes the impact on the operating capacity of the enterprise through the form of the business model of cooperation between Zhejiang Haers and various types of flow intellectual property (IP), analyzes the enterprise’s inventory turnover, accounts receivable turnover, total asset turnover and net profit to a certain extent, and concludes that the innovation of business model will strengthen the operating capacity of the enterprise. By analyzing the inventory turnover rate, accounts receivable turnover rate, total assets turnover rate, and net profit of the enterprise, it is believed that the innovation of the business model will strengthen the enterprise’s operating ability to a certain extent.

A Proposed Model to Measure the Impairment Value of Fixed Assets with the Need for Tax Recognition

International accounting standards require, in particular the impairment of (36) asset value standard No (31), re- evaluation of assets to display the value of fair value as the replacement value at the end of the period or fiscal year of the disclosure of assets, real value, the represent philosophy of accounting to relevant of different models to call the fair values, especially in case of using methodology - based pricing capital asset model. The researcher presented a model for measuring the impairment of the book value of assets form, which contributes to the measurement of accuracy of the fixed measurement of accounting income and taxable income help guide the preparation of financial statements in the presentation of fixed assets as fast as they converge with the fact that revenue and economic benefits of the asset in the financial period is ending. Because the accounting incases always different on taxable income for the application of the income tax act, although the act, to impose tax in net profit, which present the income statement prepared in accordance with the Egyptian accounting standards, but on grounds of maintaining the public revenues of ministerial decisions were issued contrary to that application and became the standard (31) can’t be applied when determining the tax base. Which led to a loss in its submission for income tax, which is a clear challenge, there is no application of some financial standards, which is what the researcher tried to show. He presented it to determine the tax impact of not applying the standard.

Leveraging gamification to enhance persuasive behaviour and streamline online product returns: an approach grounded in multiple case studies

PurposeThe study identifies barriers all stakeholders face in the returns management process. The pressing issue of online product returns significantly erodes the net profit margins, demanding urgent action. Existing returns management systems are often complex, time-consuming and costly, failing to address this issue effectively. In this regard, persuasive technologies like gamification can effectively influence behaviour and enhance motivation towards reducing return by striking a balance between psychological and behavioural factors. Therefore, the study proposes a framework that combines the theory of planned behaviour and Octalysis to identify intentions to reduce product return rates in the e-commerce business.Design/methodology/approachA qualitative exploratory research design using a multiple case study-based approach with in-depth interviews conducted with 96 varied stakeholders was used to provide insights into the behavioural aspects for reducing return rates in e-commerce.FindingsThe results reveal three facets of effective returns management in e-commerce. Customers and delivery partners prioritize return processes, policies and rewards, emphasizing efficiency. Meanwhile, mid- and strategic-level employees are optimistic about return process enhancements. Interdepartmental integration and cross-functional communication are found to be vital, suggesting the need for a gamified framework in returns management.Originality/valueThis research enriches the returns management literature on gamification solutions and responds to the need for theoretical anchoring by applying the theory of planned behaviour at the organizational level to improve efficiency and customer centricity in the return process.

The Effect of Working Capital, Sales, and Cash Ratio on Profitability

This study aims to analyze the effect of working capital, sales, and cash ratio on profitability at PT Indofood CBP Sukses Makmur during 2016-2020, using secondary data from the company's financial statements and multiple linear regression methods with Eviews. In 2017, the company's net profit decreased due to costs associated with launching new products to compete in the market. Nevertheless, product demand continued to grow among local and international customers, leading to an increase in working capital for marketing efforts. This study uses quantitative data from the financial statements of PT Indofood Sukses Makmur, analyzed using multiple linear regression to test the effect of working capital, sales, and cash ratio on profitability. The results of the study indicate that working capital does not have a significant impact on profitability due to ineffective turnover, in line with previous studies by Meidiyustiani (2016) and others. Sales have a negative impact on profitability, with high sales not covering the increase in operating costs. The cash ratio has a positive impact on profitability, although the impact is not significant, indicating that cash management is important but not the main driver of profit. Overall, this study shows that efficient use of working capital and cost management are key factors in increasing profitability.

Implikasi Laba Operasi dan Modal Kerja terhadap Laba Bersih PT. Nippon Indosari Corpindo

In the background of this research problem, namely, operating costs have increased and working capital has decreased while net profit has increased, which should make high operating costs lower profits and lower working capital lower net profit. The occurrence of this phenomenon so researchers raised this issue.This study uses quantitative research methods and sampling using purposive sampling techniques with homogeneous sampling category criteria. The results of the research found from the three variables used that have an influence, namely operating profit has a significant effect on net profit with a value of 0.0000 and after being tested simultaneously operating profit also has a significant effect on net profit with a value of 0.0000 while working capital has no effect on net profit with a value of 0.1483. From the results of the study, the authors draw a conclusion that working capital does not always decrease will make net profit decrease. excess income is based on low operating profit and high working capital.

The Management System of Dairy Buffalo in Peninsular Malaysia

Background: In Malaysia, there has not been enough the research on the cost of producing buffalo milk and the in different management system and insight into the industry’s current state is inadequate. This study aims to determine the cost of dairy buffalo milk in selected regions of Peninsular Malaysia Methods: A survey was conducted on 14 dairy buffalo farms from selected regions in Peninsular Malaysia: Selangor (six farms), Kedah (four farms), Penang (three farms) and Pahang (one farm) using a developed questionnaire. The questionnaire consists of farm management aspects like the socio-economics of the farmers, nutrition management, health management, dairy production management and the calculation of the production cost. The collected data were edited in Excel and analysed descriptively using IBM SPSS Statistics. Result: Based on the surveyed, The net profit was RM79,444.56, RM1,924,24.82 and RM2,220,519.02 in traditional, semi-commercial and commercial farms, respectively. This study reveals that milk costs are lowest at commercial farms, indicating the efficiency of farms. When more output is produced, the cost per production unit is reduced. Hence, the government should initiate and encourage the farmers to expand their farm business from traditional to commercial business and, at the same time, produce more skilful farmers.

The impact of social network and resource endowment of smallholders on sustainable apple production

PurposeSmallholders are essential in ensuring food security; however, smallholder-dominated food production often involves high resource-environmental costs. This study analyzed the factors that differentiate horticultural practices, willingness to adopt technology and social networks between optimized practices (OPT) and farmer practices (FP) to provide localized and systematic solutions for the sustainable apple production.Design/methodology/approachTo explore the approach of smallholder-dominated sustainable apple production, 257 apple producers in the Bohai Bay region, a major apple planting area in China, were investigated. Life cycle assessment (LCA), emergy analysis and social network analysis methods were used for evaluation.FindingsThe results showed that the net economic profit and emergy sustainability index (ESI) in OPT was 15.8 × 104 RMB·ha-1 and 1.2, respectively, which were 126.9 and 128.0% higher than FP. In contrast, greenhouse gas (GHG) emissions under OPT was 29.3% lower than those under FP. OPT has a higher percentage of adoption of scientific fertilizer application and water-saving irrigation technologies compared to FP. OPT has strong learning abilities, more social resources (such as technical training and sharing technical experience with others) and connections with stakeholders in the apple supply chain. Optimizing smallholders' social capital, willingness to adopt technology, behavioral willingness and technological awareness can promote sustainable apple production.Originality/valueConsidering the horticultural practices employed by smallholders in conjunction with their social networks, these factors contributed to the transition of smallholder-led apple production toward sustainability. The findings provided viable options and a theoretical basis for smallholder-dominated crop production to move toward sustainability, with significant implications for policymakers.

Analysis of the Share Price of IDX Sharia Growth 30 Companies Listed on the Indonesia Stock Exchange

This study aims to analyze the effect of Net Profit Margin, Return on Asset and Earning Per Share on the stock price of Idx Sharia Growth 30 companies listed on the Indonesia Stock Exchange (IDX). The approach in this study is to use a quantitative approach and based on its objectives, this type of research is causal, namely research that explains the influence of an independent variable on bound variables. The population of this study is 30 Idx Sharia Growth 30 companies listed on the Indonesia Stock Exchange (IDX) in 2020-2023. The procedure for determining samples using the purposive sampling method is a sampling method that uses certain considerations. Based on the results of the selection, all companies meet the criteria. The independent variables in this study are Net Profit Margin, Return on Asset and Earning Per Share and the dependent variable is the stock price. Data analysis uses multiple linear regression analysis. The results of the analysis show that Net Profit Margin, Return on Asset and Earning Per Share have a positive and significant effect on stock prices. The results of the Coefficient of Determination showed that the Adjusted R-squared value was 63.2% and the remaining 36.8% was influenced by other factors that were not present in this study.

Financial Performance among Selected Liquified Petroleum Gas (LPG) Retail Stores in Talisay City, Cebu

The Liquified Petroleum Gas (LPG) sector plays a noteworthy part in the local economy, supplying essential energy resources for residential and commercial use. The COVID-19 pandemic has brought massive distractions that significantly affect the financial performance of companies, regardless of the sector they belong to, and this sector is not exempted. This study examined the financial performance of these LPG retail stores in Talisay City, Cebu, to know if they recovered financially, particularly in recent economic downturns and market forces. After examining the financial data for the years 2022 and 2023 using the identified financial ratios, the authors found that all participating LPG retail stores showed a positive financial performance in terms of their net profit margin, current ratio, debt-to-equity, asset turnover, and cash flow to debt ratios. This implies that LPG retail stores operate efficiently, maintain robust profitability, manage financial obligations correctly, and ensure sufficient liquidity. Additionally, it can give owners a positive perspective on the growth and stability in Talisay City, Cebu.

PENGARUH MODAL KERJA DAN PERPUTARAN PIUTANG TERHADAP LABA BERSIH

This research aims to determine the effect of working capital and accounts receivable turnover on net profit. The type of research used in this research is quantitative. The data source used is secondary data, namely annual financial reports obtained from the Indonesia Stock Exchange (BEI). The population used in this research is healthcare companies listed on the IDX in the 2018-2022 period. The sample selection technique used purposive sampling and 12 companies were obtained over a 5 year period with a total of 60 sample data obtained. The results of this research show that the Working Capital variable (X1) partially has a significant effect on Net Profit (Y), and partially that the Receivables Turnover variable (X2) does not have a significant effect on Net Profit (Y).

Value co-creation of carbon-neutral tourism route: a case in Thailand

ABSTRACT This participatory action research initiative was undertaken in Thailand to promote carbon-neutral tourism (CNT). The research involved the engagement of multiple stakeholders in the value chain to co-create a valuable CNT route for Nong Khao sub-district tourism in Kanchanaburi Province. A service design approach was applied in this study, consisting of four phases: building engagement and awareness, exploring customer needs, co-creating a route, and assessing the results. The findings revealed that tourists exhibited a strong preference towards the CNT trip option. The implementation of the activities resulted in an increased net profit margin of 165.31% due to cost reduction, sale-price growth, and larger tourist numbers. The research provides important value co-creation of CNT management guidelines for community tourism.

Analysis of the Effect Financial Ratios to Probability Default With the Risk as Moderation in Indonesian Building Construction Sub-Sector Companies

The construction and building sector are one of the important sectors for Indonesia development and economy, furthermore it is also being an indicator in assessing the economic development of a country. The development in the sector of construction and building, which is currently facing intense market competition, is encouraging many companies to improve their management fundamentals. A company's inability to anticipate changes can result the decreasing in business volume, which eventually has a negative impact on profits and caused bankruptcy. The aim of this research is to analyze the effect of GPM, NPM, CR, DER, TIE, and TATO by moderating risk on probability default (probability of bankruptcy) in the construction and building companies in Indonesia which registered on the IDX for the 2014-2023 period. The research method used in this research is a panel data model to estimate the coefficient model. The result shows that Total Assets Turnover (TATO) has a positive and significant effect on the probability of bankruptcy. Meanwhile, Gross Profit Margin (GPM), Net Profit Margin (NPM), Current Ratio (CR), Debt Equity Ratio (DER), and Times Interest Earned (TIE), does not have a significant effect on the probability default in the construction and building companies.