Pages: 114-121

Abstract

This research study examined the impact of liquidity, firm size and fixed assets on the profitability of sugar mills in Pakistan listed in Karachi Stock Exchange. Eleven years data were collected from the annual financial statements of 8 eight sugar mills over a period of 2008 to 2018. The profitability was measured by ROA (Return on Assets). Liquidity, firm size and fixed assets were taken as independent variables. Multiple regression analysis was used and the result showed that liquidity have a significant positive impact on ROA while the fixed assets have a significant negative impact. The size of the firm have insignificant but positive impact on the profitability of sugar mills in Pakistan‎.