Biggest Agricultural Companies in Indonesia Show Mixed Profitability Results
The study analyzed the profitability of plantation companies listed on the Indonesia Stock Exchange. They looked at financial data from 2014-2018 and found that companies with higher assets and equity tend to have better revenue and earnings. However, having more assets and equity doesn't always guarantee the best profit margins or returns on assets and equity. These financial ratios can be influenced by various factors, not just the size of the company's assets and equity.