Comperhensive Analysis of PT Timah Tbk Financial Performance: A Case Study of the COVID-19 Pandemic and Corruption (2019-2023)
Abstract
The COVID-19 pandemic created substantial disruptions that affected the mining sector along with its fundamental market stability as well as operational efficiency. The analyzed financial performance of PT Timah Tbk spans from 2019 to 2023 while examining how COVID-19 has affected the company together with the consequences of corruption-related scandals. To gauge its financial status and market performance the study performs financial ratio analysis alongside interviews and document review methods. The pandemic has led PT Timah Tbk to experience severe profit decreases combined with liquidation difficultes as it dealt with operational sustainability issues. Analysis confirms that financial instability progressed because of internal corruption scandals at the company which produced additional difficulties for corporate governance structures. The study demonsrates that PT Timah Tbk must improve its financial management while strengthening its anti-corruption measures to restore it self and guarantee enduring success. The reseach demonsrates that corporate governance needs full transparency and accountability during times of crisis.
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