By Omodele Adigun
Dangote Sugar Refinery Plc has reported a revenue of N430.21 billion in the six months ended June 30, 2025, which in contrast to N295.62 billion earned in the same period in 2024 represents a 45.53 percent increase. According to financial reports posted on the portals of the Nigerian Exchange Group, revenue for the second quarter rose by 25 percent, to N216.28 billion compared to N172.90 billion in 2024.
The sugar refinery bounced back to profitability in the second quarter of 2025, reporting a pre-tax profit of N523.8 million, compared to N104.5 billion loss recorded in the same period last year.
Dangote Sugar Refinery PLC is a leading sugar processor in Nigeria engaged in the refining, distributing, and marketing of granulated sugar to major players in the food and beverage, pharmaceutical and skin care industries as well as wholesalers.
The Company operates an annual 1.44 million metric tonnes (MT) sugar refining plant in Apapa and a 50,000 tonne per annum refining facility in Numan, Adamawa State, making a total refining capacity of 1.49 million metric tonnes.
DSR has continued to invest in a backward integration programme to reduce its reliance on sugar imports. DSR has 47,364 hectares of sugar plantation and aims to produce 1.5MT of refined sugar annually from its sugarcane in the medium term
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