The Relationship Between Profitability With Efficiency of the Operation And Return on Investment of Listedcompanies on the Stock Exchane of Thailand: The Service Industry

Abstract

The purpose of this research was to study the relationship between profitability and operational efficiency and return on investment of listed companies on the Stock Exchange of Thailand. service industry group is a quantitative research By using a sample group from companies listed on the Stock Exchange of Thailand. Service industry group, between 2019-2021, a total of 372 data were used in the study, excluding companies whose data were incomplete. and analyzed the statistical results using multiple regression analysis

             The results showed that Profitability that has a positive correlation with operating efficiency in terms of fixed asset turnover (FAT) as: the return on equity (ROE) at a statistically significant level of 0.05and profitability that has a positive correlation with operating efficiency in terms of Total Asset Turnover (TAT) as: Net Profit Margin (NPM), Return on Equity (ROE), Return on Assets (ROA) at It was statistically significant at 0.05