PROFITABILITY ANALYSIS OF SMALL AND MEDIUM SCALE SALT ENTERPRISES IN MISAMIS ORIENTAL, PHILIPPINES

Tyrone Jasper I. Reodica; Julieta A. Delos Reyes; Abigail T. Lat; Christine Joy B. Manalo; Jennifer C. Padrid

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자료유형: 학술대회자료

저자정보: Tyrone Jasper I. Reodica (University of the Philippines Los Baños) Julieta A. Delos Reyes (University of the Philippines Los Baños) Abigail T. Lat (University of the Philippines Los Baños) Christine Joy B. Manalo (University of the Philippines Los Baños) Jennifer C. Padrid (University of the Philippines Los Baños)

저널정보: 한국무역학회 한국무역학회 국제학술대회 한국무역학회 2019년 제1회 무역학 통합세계학술대회

발행연도: 2019.8

수록면: 61 - 78 (18page)

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The study analyzed the profitability of small and medium scale salt enterprises in Alubijid and El Salvador City, Misamis Oriental, Philippines. It identified the salt producers; determined their production practices; assessed the profitability of salt production; and identified the problems encountered by the salt producers. A total of 42 salt producers were personally interviewed using a pre-tested interview schedule. All the salt producers in the two areas were included in the study. They were producing salt through solar evaporation method. Descriptive analysis, cost and returns analysis, rate of return on investment (ROI) analysis and ANOVA were used to analyze the collected data. Results revealed that the production practices of the salt producers are mainly dictated by the flooring materials of salt beds. The salt producers in Alubijid used black polyethylene plastic and brick tiles, while those in El Salvador City used transparent polyethylene plastic. The type and volume of salt produced by the salt producers were highly dependent on the flooring materials as well as on the weather conditions which require large amount of sunlight. It was concluded that salt production is a profitable enterprise and also a good source of livelihood among the members of the lakeshore community. The salt beds with transparent polyethylene plastic as flooring material were proven to be the most profitable, however, the most labor-intensive production process. It is therefore highly recommended that the salt producers be encouraged to use the transparent polyethylene plastic as flooring material and be taught the appropriate technology for seawater filtration which will address the problem on the degraded quality of seawater. The local government unit (LGU) should take the lead in this endeavor. Also, it is suggested that a soft loan program be put up by the LGU for the purchase of flooring materials so that more members of the lakeshore community can be encouraged to engage in the salt making business.

#Salt #Profitability #Misamis Oriental #Philippines

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