Differences In Financial Performance And Earning Persistence Before And During The Covid-19 Pandemi

The Covid-19 pandemic which has been going on since the beginning of 2020 has had an impact on changes in social life and a decline in economic performance in various countries in the world that have been affected by Covid-19. The decline in Indonesia's economic performance has occurred since the first quarter of 2020, which is reflected in the rate of economic growth in the first quarter of 2020 which only reached 2.97 percent, and again decreased significantly in the second quarter of 2020 which grew -5.32% (Central Statistics Agency, 2021a; Central Bureau of Statistics, 2021b). The results of a pandemic impact survey conducted by the Central Statistics Agency (BPS) on 34,559 business actors revealed that 82.55 percent of business actors surveyed experienced a decrease in income. This is because Covid 19 has had an impact on company productivity. However, there are several companies that claim that their income has not been affected by the pandemic, and there are even a small number of companies that claim that their income has increased during the pandemic. With conditions that are increasingly declining as described above, the company experiences profit gains with fluctuating fluctuations as a result of the process of supply and demand as well as unequal expenses and income. Economic growth declined until it was followed by an economic contraction, such a phenomenon could affect the persistence of profits and company performance.