Analysis of the Impact of Business Combination on Financial Performance: A Case Study of PT Indosat Ooredoo Hutchison Tbk Post-Merger

Dublin Core

Title

Analysis of the Impact of Business Combination on Financial Performance: A Case Study of PT Indosat Ooredoo Hutchison Tbk Post-Merger

Creator

Irnanda Juwita, Rapat Piter Sony Hutaruk, Lukieto Cahyadi, Mangasi Sinurat, Rika Surianto Zalukhu, Andika, Mei Ferdin Zai

Proceedings Item Type Metadata

meta_title

Analysis of the Impact of Business Combination on Financial Performance: A Case Study of PT Indosat Ooredoo Hutchison Tbk Post-Merger

Abstract/Description

This study aims to analyze the impact of the business combination strategy on the financial performance of PT Indosat Ooredoo Hutchison Tbk following its merger with PT Hutchison 3 Indonesia, which became effective in 2022. The research adopts a qualitative descriptive approach using secondary data in the form of the company’s annual reports for the period 2020 to 2024. The data were obtained from official financial reports published through the Indonesia Stock Exchange website and the company’s official website. Financial performance was analyzed using four key ratios: Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), and Debt to Equity Ratio (DER), classified according to financial ratio analysis criteria. The findings indicate that after the merger, the company experienced a significant improvement in profitability and capital structure efficiency, as reflected by consistently strong ROA, ROE, and NPM values, and a DER that indicates an improved capital structure. Thus, the implemented business combination strategy has had a positive impact on the company’s financial performance.

publication_date

2025/06/20

pdf_url

https://insyma.org/proceedings/files/articles/Irnanda Juwita.pdf

abstract_html_url

https://insyma.org/proceedings/items/show/477

keywords

Business combination, Merger, Financial performance, Financial ratios

firstpage

1030

lastpage

1034

issn

3047-857X

conference

Proceedings of the International Symposium on Management (Volume 21, 2024)

Volume

22

publisher_name

Fakultas Bisnis dan Ekonomika, Universitas Surabaya

Author #1

Irnanda Juwita

Author #2

Rapat Piter Sony Hutaruk

Author #3

Lukieto Cahyadi

Author #4

Mangasi Sinurat

Author #5

Rika Surianto Zalukhu

Author #6

Andika

no article

165

Author #7

Mei Ferdin Zai

authors

Irnanda Juwita, Rapat Piter Sony Hutaruk, Lukieto Cahyadi, Mangasi Sinurat, Rika Surianto Zalukhu, Andika, Mei Ferdin Zai

Files

Irnanda Juwita.pdf

Citation

Irnanda Juwita, Rapat Piter Sony Hutaruk, Lukieto Cahyadi, Mangasi Sinurat, Rika Surianto Zalukhu, Andika, Mei Ferdin Zai, “Analysis of the Impact of Business Combination on Financial Performance: A Case Study of PT Indosat Ooredoo Hutchison Tbk Post-Merger,” Proceedings of the International Symposium on Management (INSYMA), accessed July 22, 2025, https://insyma.org/proceedings/items/show/477.

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