Determinants of profitability: a case study of listed manufacturing companies in Sri Lanka

Nishanthini, A.; Nimalathasan, B.

doi:10.4038/jm.v8i1.7556

Cited by 28 publications

(28 citation statements)

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“…A thorough research of the issue of measuring financial performance shows more and more studies that present the indicators of profitability as the main pillar of measuring financial performance. Analysis of profitability rates (which measures the company's ability to generate profits and investments) is important for all the users of financial statements [18]. A study published by Căruntu [8] states that macroeconomic efficiency translates into profitability, in other words, the results obtained in relation to the efforts (or expenditures) with the factors of production.…”

Section: Problem Statementmentioning

confidence: 99%

Analysis and Evolution of Profitability in the Pharmaceutical Field in Romania

Hada

2020

International Conference Innovative Business Management &Amp; Global Entrepreneurship (IBMAGE 2020)

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The pharmaceutical industry is an important field of activity that contributes to the diagnosis, treatment, maintenance of the health of the population. The need of pharmaceuticals has led to an increase in both the number of drug manufacturers and the number of distributors. A significant part of the specialized studies deals with the problem of the profitability of the pharmaceutical industry. The study of the financial performance of the economic entities in the pharmaceutical field in Romania is a necessary concern in the conditions of a progressive annual increase of the profitability of this sector. The main purpose of this paper is the analysis and presentation of the evolution of profitability indicators (return on assets, return on capital, return on sales) as part of the activity of assessing the financial performance of economic entities operating in Romania in the pharmaceutical industry (manufacturing of basic pharmaceutical products - CAEN code 2110). Profitability indicators were analyzed for a number of 46 entities in the pharmaceutical industry in Romania for a period of 20 years (1999-2018). We are talking in this case about a turnover of 1.1 Billion lei (249.2 million euros), a number of employees of 3,098 employees, a profit of 135.2 million lei (30.7 million euros) - representing 0.12% of the net profit made in Romania. The research results show that in the period 2008-2009, the financial crisis left a strong mark on the evolution of profitability in the pharmaceutical industry. However, during the 20 years we talk about a positive evolution, in the sense of increasing the profitability of this field, which justifies the increase in the consumption of pharmaceuticals products.

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Section: Problem Statementmentioning

confidence: 99%

Analysis and Evolution of Profitability in the Pharmaceutical Field in Romania

Hada

2020

International Conference Innovative Business Management &Amp; Global Entrepreneurship (IBMAGE 2020)

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“…Profitabilitas. R/C Rasio merupakan nilai pebandingan antara penerimaan dan biaya yang dikeluarkan selama pelaksanaan usahatani (Akben-Selcuk, 2016;Nishanthini & Nimalathasan, 2014) Berdasarkan Tabel 6, diketahui bahwa nilai R/C Rasio pola I dan pola II adalah 1,54 yang artinya 1 rupiah uang yang dikeluarkan untuk kegiatan usahatani akan menghasilkan penerimaan sebesar 1,54 rupiah, nilai tersebut menunjukkan bahwa petani memperoleh keuntungan sebesar 0,54 rupiah. R/C Rasio pada penelitian ini lebih tinggi dibandingkan hasil penelitian Wahyono et al (2018) pada pola tanam padi-padi dan sapi potong diperoleh nilai R/C Rasio sebesar 1,47 dan pada pola tanam padi-jagung dan sapi potong diperoleh nilai R/C Rasio 1,48, namun nilai tersebut lebih rendah jika dibandingkan dengan hasil penelitian Nuryanti dan Kasim (2017) pada pola rotasi tanaman padijagung-jagung dengan nilai R/C Rasio sebesar 2,01.…”

Section: R/c Rasio Danunclassified

Analisis Pendapatan Pola Usahatani Berbasis Tanaman Pangan Dan Peternakan Di Kabupaten Grobogan

Wisudawati¹,

Mukson²,

Roessali³

2019

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This study aimed to analyze income in food crop and livestock based farming system, and to analyze factors influencing farmer’s income in Grobogan district. This research was conducted in November to December 2018 in Pulokulon District and Toroh District, Grobogan Regency. The research used survey method by direct interview with a questionnaire guide. Quota sampling was used to determine the number of samples. The number of farmer respondents as samples was 70 people selected by Snowball sampling method. The results of this research shows that there were two patterns of farming system carried out by the respondents including rice-corn-soybean-beef cattle (pattern I) and rice-corn-rice-beef cattle (pattern II). The average income of the farmers with the pattern I was IDR 16,596,380/year under a business scale of 0.32 ha, while the average income in pattern II was lower which was IDR 16,222,162/year under a business scale of 0.30 ha. Based on Independent Sample t-test there was no significant difference between the incomes in pattern I and pattern II. Both the pattern I and the pattern II had the same R/C Ratio of 1.54. The profitability was 53.91% under the pattern I and 53.74% under the pattern II. The two farming patterns are feasible because their R/C Ratio > 1 and profitability higher than bank loan interest rate. Keywords: Food Crop, Income, Livestock, Profitability, and R/C Ratio.

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“…On the other hand, profitability, which is made up of the words "profit" and "ability", is the relative measure of earning capacity [27]. As defined by Iyer (1995 in Nishanthini and Nimalathasan [27], profitability is "the ability of given investment to earn a return from its use" [27]; the firm's ability to make profit on sales or the firm's ability to generate sufficient return on the capital and employees employed in carrying out the operations of the business.…”

Section: Profit In Businessmentioning

confidence: 99%

“…However, profit has different meanings depending on the use and purpose of the firm that intends to earn it [27]. As Weston and Brigham [5] would argue, to the financial manager, profit is a test of efficiency and a measure of control; to the shareowners, it is a measure of the worth of their investment; to the creditors, it is a margin of safety; to the government, it is a measure of the company's taxable capacity; and to the country, a measure of economic progress and an increase in the general standard of living.…”

Section: Profit In Businessmentioning

confidence: 99%

Unbridled Commitment to Profit by Nigeria’s Electricity Distribution Companies and Spirituality in Consumer Value Creation: An Assessment of the Adoption by the Ikeja Electricity Distribution Company of the Inherited Industry-Wide Strategy of the Estimated Consumer Billing System

Ohikhena¹,

Akerejola²,

Emenike³

2019

AJIBM

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The study was to investigate how the unbridled commitment of the electricity distribution companies in Nigeria to profit affects their spirituality in consumer value creation; while also establishing the extent to which the distribution companies have affected the consumers with the fraudulent and unethical estimated and coded billing system inherited from the defunct Power Holding Company of Nigeria. Focus was on Ikeja Electricity Distribution Company. Within the operational domain of Ikeja Electricity Distribution Company, the study concentrated on the electricity consumers in Alimosho Local Government Area in Lagos State. The sample size was 377 calculated using Raosoft sample size calculator. Out of the 377 copies of the questionnaire administered, 322 were returned fully completed representing a response rate of 85.41%. Two hypotheses were tested; and they showed that: 1) The unbridled commitment to pursuit of profits by the electricity distribution companies (Discos) as private investors has a significant effect on their ability to adhere to spirituality in value creation for the electricity consumers; and 2) The adoption of inherited billing system by the electricity distribution companies (Discos) as private investors has a significant effect on their ability to adhere to spirituality in value creation for the electricity consumers. The analysis of data was done with Z test. There were 14 findings. The main rec

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Determinants of profitability: a case study of listed manufacturing companies in Sri Lanka

Cited by 28 publications

References 0 publications

Analysis and Evolution of Profitability in the Pharmaceutical Field in Romania

Analysis and Evolution of Profitability in the Pharmaceutical Field in Romania

Analisis Pendapatan Pola Usahatani Berbasis Tanaman Pangan Dan Peternakan Di Kabupaten Grobogan

Unbridled Commitment to Profit by Nigeria’s Electricity Distribution Companies and Spirituality in Consumer Value Creation: An Assessment of the Adoption by the Ikeja Electricity Distribution Company of the Inherited Industry-Wide Strategy of the Estimated Consumer Billing System

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