Dangote Sugar Refinery Community

DANGOTE SUGAR REFINERY PLC – Q1 2025 Financial Performance Summary For the Quarter Ended March 31, 2025 Dangote Sugar Refinery Plc recorded a loss of ₦23.6 billion in Q1 2025 despite stable revenue, dragged down by massive finance costs and persistent administrative expenses , signaling that cost management and debt exposure remain key challenges. KEY FINANCIAL HIGHLIGHTS (GROUP FIGURES) Item Q1 2025 Q1 2024 % Change Revenue ₦213.93 billion ₦122.73 billion ▲ 74% Cost of Sales ₦204.67 billion ₦113.98 billion ▲ 80% Gross Profit ₦9.26 billion ₦8.75 billion ▲ 6% Operating Profit ₦2.75 billion ₦5.30 billion ▼ 48% Finance Cost ₦29.86 billion ₦122.52 billion ▼ 76% Loss Before Tax ₦22.63 billion ₦106.86 billion ▼ 79% Net Loss ₦23.65 billion ₦68.99 billion ▼ 66% EPS (Naira) (₦1.95) (₦5.68) ▼ 66% ANALYSIS AND INSIGHTS ✅ Positives Revenue Surge : Topline grew 74%, reflecting stronger market demand or price increases.