Production Analysis of Nile Tilapia (Oreochromis niloticus) Cultivation in Floating Net Cages in Loa Kulu District: A Case Study
DOI:
https://doi.org/10.30872/n2sqx751Keywords:
business, freshwater, market, keramba, profitAbstract
This study aimed to analyze the financial feasibility of Nile tilapia Oreochromis niloticus aquaculture conducted using floating net cages in Loa Kulu District. The research employed a case study approach, with data collected through direct observation, interviews, and participation in ongoing aquaculture activities at the study site. The collected data included information related to production aspects and the financial conditions of Nile tilapia farming operations in the field. The financial analysis of the “Sumber Rezeki” Nile tilapia (Oreochromis niloticus) farming enterprise in Sepakat Village demonstrated profitability and feasibility. The business generated an annual net profit of IDR 13.48 million, with positive investment indicators: NPV = IDR 73.99 million, IRR = 89%, Net B/C = 3.55, and a Payback Period of 1.41 years. Both production and sales exceeded break-even points, confirming the enterprise’s viability and sustainable operation.
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