FINANCIAL PERFORMANCE BEFORE AND AFTER THE REVOCATION OF PPKM

Abstract

This research aims to evaluate the impact of the repeal of the PPKM policy on the financial performance of non-cyclical consumer sector companies listed on the Indonesia Stock Exchange. The focus of the analysis is on two main performance indicators, namely debt to asset ratio and earnings per share, for 2022 before the repeal of PPKM and 2023 after the repeal of the policy. There were 45 samples selected from 122 companies using the purposive sampling method. The analysis techniques in this research uses different tests and statistical processing applications, namely SPSS V25. The research results show that there is significant difference in financial performance as measured using the debt to asset ratio and earning per share between 2022 and 2023 after the revocation of the PPKM policy