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Hello dear' @etette
Although there are not many palm oil trees in Bangladesh and this business is not very popular in our country. But I am interested in knowing the details. What to do from cutting palm fruit to oil and how much profit is there per 25 liters excluding production costs. Good luck with your business.
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Okay,it is a simple work but takes time, cutting it from fruit,it being measured in 25kg bag, like in Nigeria,Akwa Ibom State to be precise, the business is common and is giving people much money in Naira.
If you buy 60 bags of the raw materials (Palm Fruit), that is # 6 ,000 Naira per bag, and keep it in side the bag for 4 good days, after you take it to Mill for production.
That 60 bags in my local currency is 6,000 X 60 bags = # 360,000 maria and Factory Expenses is #15, 000 naira.
After production, you will have 14 rubbers of 25 liter's.
The kennel alone will give you another interest of about 250,000 naira in my local currency.
So when you add up the total of main product and the kennel, you will see the interest in the business.
Total expenses #375,000
Total sales= #880,000 - #375,000
Interest is # 505 ,000 naria per day,.
This is based on how you run the business and how much you are investing.
The Money you invest, determined your interest.
It lucrative business over here.
Thank you for admiring the business,if it found over there,I will advise you to about it.
Thank you once again.
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