Jurnal Perikanan dan Kelautan
Vol 28, No 1 (2023): February

Analysis of Financial Feasibility of Anchovy Business (Stolephorus sp) Using Bagan Tancap in Muara Nibung Village, Pandan District, North Sumatra Province

Tio Afandi Nasution (Department of Socio Economic of Faculty of Fisheries and Marine, Universitas Riau)
Zulkarnaini Zulkarnaini (Department of Socio Economic of Faculty of Fisheries and Marine, Universitas Riau)
Hendrik Hendrik (Department of Socio Economic of Faculty of Fisheries and Marine, Universitas Riau)



Article Info

Publish Date
26 Jan 2023

Abstract

This research was conducted in Muara Nibung Village, Pandan District, Central Tapanuli Regency, North Sumatra Province with the aim of knowing the amount of investment, profits, and the level of feasibility of fishing for a tancap fisherman based on financial (financial) aspects using investment analysis, income, profit, revenue cost (R/C), financial rate of return (FRR), and payback period of capital (PPC). The method used in this study is a survey method while the determination of respondents is carried out by census. Data collection was carried out by observation, interviews, and documentation directly with 37 people of bagan tancap fishermen. The results of the study show that the step-by-step chart in Muara Nibung has two categories of operating distance from the coast, including the near chart ±1 km and the far chart ±3 km, of course, different investments, profit, and business feasibility. For charts close to ±1 km the total investment is (Rp124.616.000,00), the profit received is (Rp121,240,800.00/year), R/C (2.59), FRR (97.29), PPC (1.03). Whereas Forfar chart ±3 km the total investment is (Rp139,416,000.00), the profit received is (Rp179,140,800.00/year), R/C(2.85), FRR (128.49), PPC (0.78). Based on the results of the calculation that the R/C is more than 1, the FRR is greater than the bank interest rate of 11%, and the PPC is getting smaller, meaning that the fishing business is profitable and feasible to continue

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Journal Info

Abbrev

JPK

Publisher

Subject

Agriculture, Biological Sciences & Forestry Earth & Planetary Sciences Environmental Science Immunology & microbiology Social Sciences

Description

Journal of Fisheries and Marine was published by the Faculty of Fisheries and Marine of the Universitas Riau in 2007. The scope of the research included: Aquaculture, fisheries socioeconomic, fisheries technology, management of aquatic resources, utilization of fisheries and marine ...