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All Journal Ilmu Perikanan Tropis Nusantara
Ema Retno Juniani
Mulawarman University
Agriculture, Biological Sciences & Forestry

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Production Analysis of Nile Tilapia (Oreochromis niloticus) Cultivation in Floating Net Cages in Loa Kulu District: A Case Study Ema Retno Juniani; Said Abdusysyahid; Juliani Juliani
Jurnal Ilmu Perikanan Tropis Nusantara (Nusantara Tropical Fisheries Science Journal) Vol. 5 No. 1 (2026): Nusantara Tropical Fisheries Science
Publisher : Faculty of Fisheries and Marine Science, Mulawarman University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30872/n2sqx751

Abstract

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.
Co-Authors Juliani Juliani Said Abdusysyahid