Impact of the Merger on the Financial Performance of PT Indosat Tbk

The purpose of this research is to assess the financial performance differences of PT Indosat Tbk between the pre-merger and post-merger periods, measured by the ratios of Current Ratio (CR), Debt to Asset Ratio (DAR), Net Profit Margin (NPM), Total Asset Turnover (TATO), and Earnings Per Share (EPS). This study analyzes quarterly data collected over a six-year timeframe, encompassing both the pre-merger and post-merger periods, each lasting three years. The hypothesis testing in this study employs the Paired Sample T-The results show a significant difference in the Debt to Asset Ratio (DAR), while no significant differences are found in the Current Ratio (CR), Net Profit Margin (NPM), Total Asset Turnover (TATO), and Earnings Per Share (EPS) before and after the merger.