Industrial training report: Nuri Driving Solution Sdn Bhd. / Muhammad Faridz Azmil Abu Hassan

• Main Author: Abu Hassan, Muhammad Faridz Azmil
• Format: Monograph
• Language: English
• Published: Universiti Teknologi MARA, Perlis, Faculty of Business and Management 2021
• Subjects: Financial management. Business finance. Corporation finance
• Online Access: https://ir.uitm.edu.my/id/eprint/80273/1/80273.pdf; https://ir.uitm.edu.my/id/eprint/80273/

This is an attempt to know how the theories can be applied to practical situation. As a student of UiTM, it is a part of study for everyone in last semester to undergo an industrial training at a suitable institute or organization. So, for this purpose, I got the opportunity to do my industrial training at NURI Driving Solution Sdn Bhd under account department. This organization are among the preferred driving institution in Bagan Datuk area with a good customer service provided. There are eight branches available under this organization whereas one staff for each branch. For this report, I decided to use regression analysis to analyze the financial performance through profitability approach in this organization. The dependent variable in this study is profitability (measured through gross margin) and the independent variable are asset turnover, sales growth, current ratio, and leverage. The findings show that among the four independent variables choose, only two of it are significant with profitability which are asset turnover and current ratio. The other two independent variable shows no significant relationship with profitability. As the outcome results, only current ratio shows positive relationship with the profitability of the company. Furthermore, there are several recommendations in this study that was applied by several article from other researchers. As for NURI Driving Solution Sdn Bhd, to make their organization more sustainable in future, they need to identify the factors that contribute for their company to earn profitability during this downturn. Besides, it is suggested for the company to have financial planning that target on a long-term basis. Other than that, the next researchers were suggested to use other set of independent variables to get different result for the analysis of financial performance through the profitability approach. To sum up, this sector are truly affected during this pandemic of Covid-19 as each industry do not manage to run their business smoothly.