COST AND RETURN ANALYSIS OF LAYING HENS ON FISH PONDS : CASE STUDY YONGYUT INTHASANG FARM, WIANG COOK SUBDISTRICT, MUEANG DISTRICT, NONGKHAI PROVINCE

Abstract

A case study of the cost and return on investment (ROI) of Yongyut Farm in Nong Khai, Thailand. The objectives of this research: to study the process of raising layer chickens on fish ponds; to study the costs and ROI of raising layer chickens on fish ponds; to identify the challenges of raising layer chickens on fish ponds. The data was collected by interviewing the owner of Yongyut Inthasang Farm. The results showed that the average cost per production cycle of laying hens on fish ponds. consists of an initial investment of 255,800 baht, direct raw materials of 1,032,600 baht, direct labor costs of 244,000 baht, production expenses of 57,710.14 baht, production costs of 1,321,100.14 baht, sales and management expenses of 75,480 baht, and an average annual net profit of 319,419.86 baht. There is a payback period of 1 production cycle. The (ROI) is 124.87%, the gross profit margin per sale was 23.01% and the net profit per sales ratio was 18.61%. Moreover, we identified challenges such as intrusion by external enemies such as snakes. Therefore, countermeasures should be developed to protect the farm from external enemies. Lastly, we found that the main cost factor was the cost of food. If efficiencies can be gained in food cost the farm’s net profit would increase.