Analisis Pandemi Covid Pada Laba Perusahaan PT Pertamina TBK.

Abstract

The existence of an economic crisis will have an impact globally, especially in the world of trade or business, one of which will have an impact on companies. The main impact that will occur globally is a recession, in which economic conditions can make a company go bankrupt due to a temporary decline in the economic level. The occurrence of an economic recession can be seen when there is a contraction in GDP or Gross Domestic Product in a row for two quarters. Indonesia has experienced a recession three times, one of which occurred in 2019 due to the shock of the Covid-19 pandemic. The purpose of this research is to see the impact on company profits from the Covid-19 pandemic in one of the companies in Indonesia, namely PT Pertamina Tbk. PT Pertamina Tbk is a State-Owned Enterprise which manages the oil and gas business. This research method uses a descriptive method with a quantitative approach. Based on the results of his research, PT Pertamina Tbk's profits only experienced profit depreciation in 2020, because PT Pertamina Tbk was able to stabilize the company's financial performance which had fallen in the previous year. The importance of the company's financial performance is very influential for the establishment of the company, because it is a reflection of the company's financial condition by covering changes that occur in the statement of financial position, profit and loss, or cash flow. From the occurrence of an economic recession, several companies will definitely experience shrinkage, especially in financial performance such as profits, so companies need readiness and the right business strategy to face the global economic crisis.