Analysis of Income and Profitability of Milkfish Ponds in Sedati Subdistrict, Sidoarjo Regency
This study aims to analyze the cost, revenue, income and business feasibility of milkfish ponds in Sedati District, Sidoarjo Regency. This research was conducted in Sedati District, Sidoarjo Regency in December 2022 - January 2023. The method used in this study is quantitative using data analysis of income, B/C ratio, and R/C ratio. The number of respondents in this study were 58 farmers. The results showed that the average milkfish production for one period was 1,706.54 Kg, and the average revenue obtained by farmers was Rp 42,053,643.18/ha/season, while the average total costs incurred by farmers was Rp 17,649,438.26/ha/season. And the average income of farmers in Sedati District, Sidoarjo Regency, was obtained at Rp 24,404,204.92/ha/season. The B/C ratio value is 1.38 and the R/C ratio value is 2.38, which means it is feasible to cultivate.