Open AccessComparative Analysis of Income on Palm Oil Production Between the Land Application (LA) and Non Land Application (NLA) Waste Management in Lubuk Dalam Estate Of PTPN V, Siak District, Riau Province, Indonesia
Author(s) -
Ermi Tety,
Ahmad Rifai,
TH Rasyid,
Yeni Kusumawaty,
Susiani Tarigan
Publication year - 2021
Publication title -
ajarcde (asian journal of applied research for community development and empowerment)
Language(s) - English
Resource type - Journals
ISSN - 2581-0405
DOI - 10.29165/ajarcde.v5i3.75
Subject(s) - palm oil , depreciation (economics) , production (economics) , net income , real estate , estate , revenue , agricultural economics , business , clearing , agricultural science , forestry , environmental science , geography , economics , finance , economic growth , financial capital , capital formation , macroeconomics , human capital
This study aimed to compare the level of income on the production of Fresh Fruit Bunches (FFB) for Land Application (LA) and Non-Land Application (NLA) fields. The data used was secondary data from the company in terms of information on the area of palm oil plantations, palm oil production, waste production, and the spread of palm oil liquid waste. Data analysis applied analysis of production, depreciation, cost analysis, revenue, net income, and production efficiency. Based on the results of the study, FFB income in PTPN V Lubuk Dalam Estate from Land Application (LA) field was IDR 51,816,821 / ha/year, which was higher than the income from the Non-Land Application (NLA) field of IDR 33,073,190 / ha/year. In conclusion, PTPN V Lubuk Dalam Estate received higher income by applying LA waste management compared to Non-Land application (NLA).