OPERATIONAL COST AND REVENUE IMPACT ON NET PROFIT: PT PERKEBUNAN NUSANTARA IV CASE
DOI:
https://doi.org/10.31000/combis.v7i3.14641Abstract
This study examines the impact of operational costs and revenue on net profit at PT Perkebunan Nusantara IV Medan, a key state-owned plantation enterprise in Indonesia. In the face of volatile commodity prices, rising production costs, and increasing competition in the agro-industrial sector, optimizing financial performance has become critical for sustainability. This urgency necessitates a deeper understanding of how cost efficiency and revenue generation jointly influence profitability. Using a quantitative descriptive approach, the research analyzes financial statements from 2019 to 2023, calculating key ratios such as net profit margin and operating cost ratio. Results reveal that sustained profitability is achieved not merely through cost reduction, but through the strategic synergy between disciplined cost control and consistent revenue enhancement. Efficient operational cost management, when aligned with market-driven income growth, significantly boosts net profit. This study highlights the importance of integrated financial strategies in navigating sectoral challenges and ensuring long-term resilience. The findings offer actionable insights for agribusiness managers and policymakers, particularly in emerging economies where state-owned enterprises play a vital role in economic stability. In an era of increasing pressure on agricultural productivity and financial accountability, this research contributes to both theory and practice by emphasizing operational-financial alignment as a lever for sustainable profitability.
References
Jopie, J. (2007). Analisis Kredit Untuk Account Office (Cetakan ke). Jakarta: PT. Gramedia Pustaka Utama.
Nainggolan, E. P., & Lastari, W. (2019). Pengaruh Arus Kas Operasi Dan Laba Akuntansi Terhadap Return Saham (Studi Kasus Pada Perusahaan LQ-45 Di Bursa Efek Indonesia Periode 2015-2018). Prosiding Seminar Nasional USM, 2(1), 429–438.
Nur, T. M., Harahap, A., & Taryono, T. (2015). Analisis Perubahan Pendapatan Usaha Pedagang Eceran Sebelum Dan Sesudah Berdirinya Indomaret Dan Alfamart Di Kecamatan Tampan Pekanbaru. Riau University.
PUTRI, R. M. N. (2020). PENGARUH PENDAPATAN DAN BIAYA OPERASIONAL TERHADAP LABA BERSIH PADA PT HASANAH MULIA INVESTAMA PERIODE 2015-2018. Universitas Narotama.
Siregar, M. (2021). Pengaruh Anggaran Biaya Operasional Dan Anggaran Pendapatan Terhadap Kinerja Keuangan Berdasarkan Return on Asset Pada Pdam Tirtanadi Medan. Jurnal Ilmiah Maksitek, 6(1), 11.
Soemarso. (2009). Akuntansi Suatu Pengantar (Edisi 5). Jakarta : Salemba Empat, 2009.
Sugiono, A & Untung, E. (2016). Panduan Praktis Dasar Analisa Keuangan Edisi Revisi. Gramedia Widiasarana Indonesia. https://books.google.co.id/books?id=2FFJDwAAQBAJ
Suwarni, I. (2019). Pengaruh berkembangnya keberadaan Alfamart/Indomaret terhadap pendapatan Warung Kecil (Studi Kasus di kelurahan Terbanggi Mulya Kecamatan Bandar Mataram Lampung Tengah). IAIN Metro.
Tongka, G. Y. (2023). ANALISIS BIAYA OPERASIONAL DAN PENDAPATAN DALAM MENINGKATKAN LABA BERSIH PADA PT. NIPPON INDOSARI CORPINDO, TBK. UNIVERSITAS SINTUWU MAROSO.
Downloads
Additional Files
Published
Issue
Section
License
The author submits the manuscript with the understanding that if it is accepted for publication, the copyright of the article will be granted to the Comparative Journal: Economics and Business (JCEB) and the Faculty of Economics and Business, University Of muhammadiyah Tangerang, Indonesia as the publisher of the journal.
Comparative Journal: Economics and Business (JCEB) first publication rights with works licensed simultaneously under a Creative Commons Attribution-ShareAlike 4.0 International License (CC BY-SA 4.0) which allows others to share (copy and redistribute material in the media or any format) and adapt (remix, modify, and build upon material) the work for any purpose, even commercially with acknowledgment of the work's authorship and initial publication in Comparative Journal: Economics and Business (JCEB). Authors may enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal published version of the work (for example, posting it to an institutional repository or publishing it in a book), with an acknowledgment of its initial publication in the Comparative Journal: Economics and Business (JCEB). Authors are permitted and encouraged to post their work online (for example, in an institutional repository or on their website) prior to and during the submission process, as this can lead to productive exchanges, as well as earlier and larger citations of published work (See The Effect of Open Access).
