The effect of income and operating expenses on net profit with capital expenditure as a moderation variable (study on energy sector companies listed on the IDX period 2018 - 2021)

Maximizing profit generation and achieving long-term profit growth are the primary goals of company formation. The company's net profit is significant to both internal and external stakeholders. However, even more, significant is the rise in net profit each period, which, in line with the signaling theory, gives the impression or signal that the company is progressing or doing well. This study aims to determine the effect of income and operating expenses on net profit with capital expenditure as a moderation variable in energy sector companies listed on the Indonesia Stock Exchange. The type of research method used is quantitative. The population used in this study are energy sector companies listed on the Indonesia Stock Exchange. The samples used in this study were energy sector companies listed on the Indonesia Stock Exchange for the 2018-2021 period that met the predetermined criteria, namely 41 samples. The data source used in this study is secondary data with documentation data collection techniques. The analytical techniques used in this study include descriptive statistical analysis, outer model, inner model and hypothesis testing with the help of the SmartPLS 3.0 program. The results indicate that income affects net profit, operating expenses do not affect net profit, and capital expenditure does not moderate the effect of income and operating expenses on net profit.