| Issue |
E3S Web Conf.
Volume 455, 2023
First International Conference on Green Energy, Environmental Engineering and Sustainable Technologies 2023 (ICGEST 2023)
|
|
|---|---|---|
| Article Number | 03001 | |
| Number of page(s) | 9 | |
| Section | Sustainable Technology in Construction | |
| DOI | https://doi.org/10.1051/e3sconf/202345503001 | |
| Published online | 05 December 2023 | |
Optimizing the Performance of Construction Companies using Goal Programming Model
Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar Campus, Jalan Universiti, Bandar Barat, 31900 Kampar, Perak, Malaysia
* Corresponding author: whlam@utar.edu.my
The construction industry is the driver to the social and economic development of a country. However, the construction industry is capital intensive and resource-reliance with high risk. These characteristics of the construction industry show high vulnerability to financial uncertainties. Therefore, this paper aims to examine the financial performance of the construction companies in Malaysia with goal programming (GP) model. This paper found that ECONBHD, GADANG, and MELATI have high liabilities while GADANG and MELATI have low profits. The powerful GP model has highlighted that the construction companies have high liquidity and solvency risks and could face problems to sustain their operations. This study could help the companies to determine the decremental and incremental values to reach the benchmark values for better financial performance.
Key words: Construction companies / financial performance / goal programming model / optimal solution
© The Authors, published by EDP Sciences, 2023
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