The following estimate of the financial feasibility of farming freshwater prawns in Sindh Province, Pakistan, was based on the use of hatchery-reared 3 g juveniles, to be produced initially in a government hatchery/demonstration farm. The unit costs utilized in the following estimates are contained in Appendix 4. The estimates are for a single one-hectare pond on land already owned*.
(PRs) | |
CAPITAL COSTS** | |
Land* | nil |
Construction | 125 000 |
ANNUAL GROSS INCOME | |
1 500 kg/yr at PRs 135/kg | 202 500 |
ANNUAL RUNNING COSTS | |
Water | 19 000 |
Repairs and harvesting | 14 000 |
Labour | 18 000 |
Lime | 3 750 |
Fertilizers | 5 200 |
Seed at 5/m2, 3 g juveniles and PRs I/each | 50 000 |
Feed at FCR 2.5 | 45 000 |
Contingencies (approximately 5%) | 7 750 |
Total annual costs (excluding capital) | 162 700 |
Add: | |
20% write down of capital cost | 25 000 |
Total annual costs (capital cost written off in 5 years) | 187 700 |
ANNUAL GROSS PROFIT | |
Excluding capital write off: | 39 800*** |
or: | |
First 5 years | 14 800 |
Sixth year onwards: | 39 800 |