Dangote Sugar Narrows Losses with N807 Billion Sales

Dangote Sugar Refinery Plc published its audited financial report for 2025, revealing a pretax loss of N72.2 billion, a notable improvement from the N270.8 billion loss recorded in 2024. The company's revenue surged by 24.56% to N829.2 billion, largely driven by sales of 50kg sugar, which accounted for N807 billion, representing 97.4% of total revenue.

The strong demand for the company's flagship product was particularly evident in Lagos, which accounted for 55.82% of sales, followed by the North at 35.35%, the West at 6.45%, and the East at 2.38%. Cost management strategies contributed to reducing selling and distribution expenses and impairing financial charges, including foreign exchange losses.

The financial report also indicated a total asset value of N965.9 billion, with liabilities declining to N836.9 billion. As of March 4, 2026, Dangote Sugar's shares traded at N0.06, reflecting a year-to-date gain of 38.33%, suggesting positive investor sentiment towards the company's improved earnings and sales growth.