Vol. 1, Issue 1 (2016)
Profitability and viability study of using irrigation ponds for fish culture in Ghour Al Safi at Karak governorate in Jordan
Author(s): Ahmad Abdallah Ahmad Al khraisat
Abstract: Study was designed to analyze the economics of Nile Tilapia fish in irrigation pond in Jordan, as a way of determining the profitability and viability of using irrigation pond for fish production. The data were analyzed using Benefit-Cost Ratio (BCR) and Cost and Return Analysis (CRA). The results showed that an estimated average initial capital of $2579.5 was used in setting up each of the ponds farm business studied with average area 500 m3, at a prevailing interest rate of 5.5 % /annum, and estimated average annual gross revenue of $3500 and an average net profit of $2026.1, a mean gross margin of $2392.1and a net profit margin of 68.35%, which shows that tilapia pond is a profitable business. Benefit cost ratio was estimated as 2.37, indicating that are viable enterprises. Thus, the farmers should be assisted in circumventing whatever constraints they may be facing in their production process.
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