NALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PROFITABILITAS PERUSAHAAN TEMBAKAU (Studi Pada Perusahaan yang Terdaftar di BEI Tahun 2016-2023) Oleh: Purnama Ajie Dwi Yulian 203401141 SKRIPSI Diajukan sebagai salah satu syarat dalam memperoleh gelar sarjana pada Jurusan Ekonomi Pembangunan Universitas Siliwangi

ABSTRACT ANALYSIS OF FACTORS AFFECTING THE PROFITABILITY OF TOBACCO COMPANIES (Study on Companies Listed on the IDX in 2016-2023) By: Purnama Ajie Dwi Yulian 203401141 Pembimbing I Pembimbing II : Dr. Apip Supriadi, S.E., M.Si. : Jumri, S.E., M.Si. This study aims to analyze the impact of fixed costs, variable costs, and sales on net profit in tobacco processing companies listed on the Indonesia Stock Exchange (IDX) for the period 2016-2023. The research method uses panel data regression with a quantitative approach to evaluate the relationship between independent and dependent variables. Fixed costs and variable costs are measured as the main components of the company's expenses, while sales are measured based on revenue generated from tobacco product sales. The results show that, partially, both fixed costs and variable costs have a negative and significant effect on net profit, indicating that an increase in these two types of costs can reduce the company’s profitability. Conversely, sales have a positive and significant effect on net profit, indicating that higher sales can boost the company’s profit. Simultaneously, the variables of fixed costs, variable costs, and sales significantly affect net profit. This study highlights the importance of efficient cost management and sales enhancement strategies to maintain the company's financial performance. The findings contribute to stakeholders, regulators, and academics in understanding the dynamics of financial management in the tobacco industry.

Keywords: Fixed Costs, Variable Costs, Sales, Net Profit, Tobacco Processing Industry