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Profitability Analysis of Beef Cattle Fattening Businesses

Author

Listed:
  • Hamdi Mayulu

    (Animal Husbandry Department of Agricultural Faculty, Mulawarman University, Kampus Gunung Kelua Jl. Pasir Belengkong Samarinda 75123, East Kalimantan, Indonesia)

  • Sarah Shevi Annisa Puteri

    (Animal Husbandry Department of Agricultural Faculty, Mulawarman University, Kampus Gunung Kelua Jl. Pasir Belengkong Samarinda 75123, East Kalimantan, Indonesia)

  • Dinar Anindyasari

    (Animal Husbandry Department of Agricultural Faculty, Mulawarman University, Kampus Gunung Kelua Jl. Pasir Belengkong Samarinda 75123, East Kalimantan, Indonesia)

  • Taufan Purwokusumaning Daru

    (Animal Husbandry Department of Agricultural Faculty, Mulawarman University, Kampus Gunung Kelua Jl. Pasir Belengkong Samarinda 75123, East Kalimantan, Indonesia)

  • Irsan Tricahyadinata

    (Managenemet Department of Faculty of Business Economics, Mulawarman University Jl. Tanah Grogot, No. 1 Samarinda, Kalimantan Timur, Indonesia, Kota Samarinda)

  • Marry Christiyanto

    (Faculty of Animal Husbandry and Agriculture, Diponegoro University, Jl. Prof. Sudarto, SH, Tembalang, Semarang 50275)

  • Boyke Rorimpandey

    (Faculty of Animal Husbandry, Sam Ratulangi University, Jl. Fakultas Peternakan Universitas Sam Ratulangi, Jl. Kampus Unsrat Kleak, Malalayang District, Manado 95115)

Abstract

This research aimed to investigate the profitability of beef cattle fattening businesses in Balikpapan City, Indonesia. To determine the research location, a thorough survey was conducted, and 40 farmers were selected as respondents using a purposive sampling method. The inclusion criteria were ownership of at least 2 beef cattle with a rearing period of over 1 year, engagement in fattening businesses, and proximity to the research area. The data obtained were analyzed through a series of tabulation, correction, and evaluation using profitability analysis which included Net Profit Margin (NPM) and Gross Profit Margin (GPM). Profitability analysis showed that NPM was 54.72% and GPM was 67.33%. Based on the results, it was concluded that beef cattle fattening businesses in the North Balikpapan Sub-district were economically viable and had the potential for sustainable development.

Suggested Citation

  • Hamdi Mayulu & Sarah Shevi Annisa Puteri & Dinar Anindyasari & Taufan Purwokusumaning Daru & Irsan Tricahyadinata & Marry Christiyanto & Boyke Rorimpandey, 2024. "Profitability Analysis of Beef Cattle Fattening Businesses," Technium Business and Management, Technium Science, vol. 8, pages 25-33, June.
    • Handle: RePEc:tec:busine:ojs:11295
    DOI: 10.47577/business.v8i.11295
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