Aliko Dangote's Sugar Business Posts 281 Million Half-year Revenue

2 Days(s) Ago    👁 103
aliko dangotes sugar business posts 281 million halfyear revenue

Dangote Sugar posted a 45.53 jump in H1 revenue to 281.7 million, driven by strong commercial and retail demand.

Net loss narrowed significantly to 0.41 million from 49.07 million as top-line growth and cost control efforts took hold.

Lagos and Northern regions led revenue gains, with Northern Nigeria seeing a 98.36 year-on-year sales surge.

Dangote Sugar Refinery, the integrated sugar giant majority-owned by Nigerian billionaire Aliko Dangote, grew revenue by 45.53 percent year-on-year to N430.21 billion 281.66 million in the first-half of its 2025 fiscal year H1 2025, up from N295.62 billion 193.57 million. The robust growth reinforces its dominance as Nigerias leading food conglomerate.

Dangote Sugars H1 2025 revenue was largely driven by strong sales of 50kg sugar bags, which contributed about 97 percent of total earnings. Revenue from this core segment surged 46.68 percent year-on-year to N416.85 billion 272.9 million, up from N284.19 billion 186.17 million. The growth reflects robust demand across both commercial and retail customers, despite inflationary pressures and ongoing logistics constraints.

Losses ease on solid segment-driven revenue growth

The companys recently published financial results revealed that Dangote Sugar trimmed its net loss to N626.11 million 0.41 million in H1 2025 from N75.01 billion 49.07 million a year earlier, as strong revenue growth, stricter cost discipline, and steady demand for its flagship product line fueled the rebound.

Regionally, Lagos led revenue performance, accounting for 51.39 percent of total sales. Revenue in the area rose 26.66 percent to N228.18 billion 149.32 million, up from N180.15 billion 117.89 million a year earlier, driven by robust consumer demand and an expanded distribution network.

The Northern region, contributing 38 percent of overall revenue, posted the strongest growth. Sales nearly doubled, rising 98.36 percent to N163.46 billion 106.99 million from N82.4 billion 53.94 million, supported by deeper market penetration and growing industrial demand.