Open AccessFinancial analysis of pidada syrup (Sonneratia caseolaris)
Author(s) -
Mohammad Basyuni,
S M T Situmeang,
Lollie Agustina P. Putri,
Era Yusraini,
Indra Lesmana
Publication year - 2020
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/454/1/012112
Subject(s) - mangrove , revenue , production (economics) , geography , forestry , business , agricultural science , environmental science , fishery , biology , economics , finance , macroeconomics
The mangrove forest is a tropical and sub-tropical coastal vegetation community dominated by several types of mangrove trees. Mangroves are able to grow and develop in muddy tidal and coastal areas. This study aims to identify the feasibility of pidada processing business into syrup in Lubuk Kertang Village, West Brandan District, Langkat Regency, North Sumatra, Indonesia. This study uses data analysis by calculating Revenue Cost (RC), Break-Even Point (BEP) and Added Value, using data 6 times pidada syrup production. The RC ratio value of pidada syrup obtained ranged from 1.62 - 3.71 for the production of pidada syrup. The highest RC Ratio of pidada syrup is found in the production carried out on August 24, 2017, with values of 3.71. This study indicated that the business of pidada syrup could be economically profitable and financially feasible.