FINANCIAL PERFORMANCE IN COMPANIES PRODUCING CEMENT, LIME AND PLASTER OF ANTIOQUIA FOR THE 2008 TO 2013 TERM AND ITS RELATIONSHIP
DOI:
https://doi.org/10.21501/2500-669X.1912Keywords:
financial performance indicators, Manufacturing sector GDP, DuPont System, Economic analysisAbstract
The aim of this paper is to establish the relationship between the behavior of the manufacturing sector, and the financial indicators of corporate profitability of cement, lime and plaster companies in the department of Antioquia, between 2008 and 2013. This is done through a quantitative and descriptive analysis based on the historical financial information of cement companies of Antioquia, and the manufacturing sector GDP in this period. Changes in profitability indicators (ROE and ROI) of these companies are calculated and analyzed by means of data tables, charts and financial analysis tools such as DuPont system, which allow the identification of behaviors and disparities in these variables, and the descriptive comparison of results obtained by the manufacturing sector. The main results show that between 2008 and 2009, and from 2011 to 2013 there is a direct relationship between the three variables (ROE, ROI and manufacturing sector GDP), that is, they increase and decrease in the same periods; while between 2009 and 2010, the relationship is indirect, because their behavior is not similar.
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