Financial Performance Analysis Before, During, and After the COVID-19 Pandemic
A Case Study of PT Pollux Investasi Internasional Tbk
DOI:
https://doi.org/10.37278/insearch.v25i1.1536Abstract
The COVID-19 pandemic has triggered an economic crisis that has disrupted the operational activities and financial stability of companies in various sectors, including property and real estate. This study aims to analyze the differences in the financial performance of PT Pollux Investasi Internasional Tbk before, during, and after the COVID-19 pandemic using a comparative quantitative approach. The financial performance is measured using profitability ratio (Return on Assets), liquidity ratio (Current Ratio), and solvency ratio (Debt to Equity Ratio) based on audited annual financial reports for the 2018–2023 period. Data were analyzed through descriptive statistics and period-to-period average comparison without inferential statistical tests. The results show that during the pandemic, profitability decreased, liquidity improved, and solvency strengthened significantly. In the post-pandemic period, the company experienced a recovery with increased profitability, stronger liquidity, and a more controlled debt structure compared to the pre-pandemic period. These findings indicate that the company successfully adapted to the crisis and achieved better financial stability after the pandemic.
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