{"id":32749,"date":"2025-07-29T06:21:51","date_gmt":"2025-07-29T05:21:51","guid":{"rendered":"https:\/\/naijaeyesblog.com\/?p=32749"},"modified":"2025-07-29T06:21:51","modified_gmt":"2025-07-29T05:21:51","slug":"dangote-sugars-sweet-deal-n63-bil","status":"publish","type":"post","link":"https:\/\/naijaeyesblog.com\/ro\/dangote-sugars-sweet-deal-n63-bil\/","title":{"rendered":"Dangote Sugar&#8217;s Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback"},"content":{"rendered":"<p><b>Dangote Sugar&#8217;s Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback<\/b><\/p>\n<p>Dangote Sugar Refinery Plc\u00a0<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">had a fantastic second quarter in 2025, largely thanks to one very important customer: the\u00a0<a href=\"https:\/\/nairametrics.com\/2025\/07\/28\/dangote-sugar-just-made-n63-billion-from-one-customer-and-its-coca-colas-bottler\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong>Nigerian Bottling Company (NBC)<\/strong>,<\/a> which is the company responsible for bottling<\/span>\u00a0Coca-Cola products in Nigeria.<\/p>\n<p>NBC alone accounted for a huge <b>N63 billion<\/b> in sugar sales for Dangote Sugar in that quarter, making up nearly a third (31.74%) of the company&#8217;s total revenue for the period. These sales were primarily from the Lagos region, which is Dangote Sugar&#8217;s biggest market in Nigeria.<\/p>\n<figure id=\"attachment_32750\" aria-describedby=\"caption-attachment-32750\" style=\"width: 900px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-32750\" src=\"https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/09c3d4e5c828a26f6cb5bd542195d4a0.avif\" alt=\"Dangote Sugar's Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback\" width=\"900\" height=\"567\" srcset=\"https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/09c3d4e5c828a26f6cb5bd542195d4a0.avif 900w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/09c3d4e5c828a26f6cb5bd542195d4a0-300x189.avif 300w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/09c3d4e5c828a26f6cb5bd542195d4a0-768x484.avif 768w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/09c3d4e5c828a26f6cb5bd542195d4a0-667x420.avif 667w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/09c3d4e5c828a26f6cb5bd542195d4a0-640x403.avif 640w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/09c3d4e5c828a26f6cb5bd542195d4a0-681x429.avif 681w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><figcaption id=\"caption-attachment-32750\" class=\"wp-caption-text\">Dangote Sugar&#8217;s Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback<\/figcaption><\/figure>\n<h5><b>A Strong Financial Picture<\/b><\/h5>\n<p>Overall, Dangote Sugar reported a robust <b>N216.2 billion in revenue for Q2 2025<\/b>, a significant 25.09% increase compared to N172.8 billion in the same period last year.<\/p>\n<p>The company earns its money by selling unfortified sugar to big players in the food and beverage industry (like Coca-Cola&#8217;s bottler) and pharmaceutical companies. They also sell Vitamin A-fortified sugar in smaller packs (250g, 500g, and 1kg) to individuals and small businesses through their wide retail network.<\/p>\n<p>Sales to large distributors remained a major powerhouse, contributing a huge 65% to Dangote Sugar&#8217;s total earnings. This strong performance helped push the company&#8217;s total revenue for the first half of the year (H1) to an impressive <b>N430.2 billion<\/b>, a jump of 45.53% compared to the first half of 2024.<\/p>\n<p><b>First Half Revenue Highlights:<\/b><\/p>\n<p><b>Bulk Sugar Sales:<\/b> Most of the half-year revenue came from the sale of their large 50kg sugar bags, bringing in N416.8 billion (up 46.68%).<\/p>\n<p><b>Retail Growth:<\/b> Sales of smaller retail packs also grew steadily, reaching N10 billion from N8.6 billion in H1 2024.<\/p>\n<p><b>Other Income:<\/b> They also earned N3.2 billion from selling molasses (a byproduct of sugar refining) and N39.8 million from freight services.<\/p>\n<p><a href=\"https:\/\/naijaeyesblog.com\/ro\/business\/dangote-ref-get-4000-cng-trucks\/\"><b>Market Performance Across Nigeria:<\/b><\/a><\/p>\n<p><b>Lagos:<\/b> Remains the strongest market, with sales increasing from N180.1 billion to N228.1 billion.<\/p>\n<p><b>Northern Region:<\/b> Showed the fastest growth, almost doubling its revenue to N163.4 billion (a 98.36% jump!).<\/p>\n<p><b>Other Western States:<\/b> Sales rose to N28.5 billion from N24 billion.<\/p>\n<p><b>Eastern Region:<\/b> Contributed N10 billion, up from N9 billion.<\/p>\n<h4><b>Smart Cost Cutting Leads to Profit:<\/b><\/h4>\n<p>Beyond just strong sales, Dangote Sugar also did a great job managing its costs. They significantly reduced their <b>finance expenses<\/b> (costs related to borrowing money and currency fluctuations), which had been a big drain on their earnings in the past.<\/p>\n<figure id=\"attachment_32751\" aria-describedby=\"caption-attachment-32751\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-32751\" src=\"https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/3331618ccfbbb662dc1c390378bf23b5-1.avif\" alt=\"Dangote Sugar's Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback\" width=\"1024\" height=\"683\" srcset=\"https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/3331618ccfbbb662dc1c390378bf23b5-1.avif 1024w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/3331618ccfbbb662dc1c390378bf23b5-1-300x200.avif 300w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/3331618ccfbbb662dc1c390378bf23b5-1-768x512.avif 768w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/3331618ccfbbb662dc1c390378bf23b5-1-630x420.avif 630w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/3331618ccfbbb662dc1c390378bf23b5-1-640x427.avif 640w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/3331618ccfbbb662dc1c390378bf23b5-1-681x454.avif 681w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-32751\" class=\"wp-caption-text\">Dangote Sugar&#8217;s Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback<\/figcaption><\/figure>\n<p>In Q2, finance costs dropped sharply to <b>N35.1 billion<\/b>, a massive improvement from N111.6 billion in the same period last year. This huge reduction was key to bringing the company back into the green. For the entire first half of the year, total finance costs fell dramatically to N64.9 billion, compared to N234.1 billion in H1 2024.<\/p>\n<p>Most of these savings came from a significant reduction in losses due to currency exchange rate differences, which dropped from N193.6 billion to N160.2 billion. Lower costs from letters of credit also helped, falling from N32.1 billion to N21.9 billion.<\/p>\n<figure id=\"attachment_32752\" aria-describedby=\"caption-attachment-32752\" style=\"width: 640px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-32752\" src=\"https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/e80e2afe01b4264d15872c321d18deb8-1.avif\" alt=\"Dangote Sugar's Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback\" width=\"640\" height=\"640\" srcset=\"https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/e80e2afe01b4264d15872c321d18deb8-1.avif 640w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/e80e2afe01b4264d15872c321d18deb8-1-300x300.avif 300w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/e80e2afe01b4264d15872c321d18deb8-1-150x150.avif 150w, https:\/\/naijaeyesblog.com\/wp-content\/uploads\/2025\/07\/e80e2afe01b4264d15872c321d18deb8-1-420x420.avif 420w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><figcaption id=\"caption-attachment-32752\" class=\"wp-caption-text\">Dangote Sugar&#8217;s Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback<\/figcaption><\/figure>\n<p>After struggling with losses for several quarters, Dangote Sugar has finally turned things around, reporting a <b>pre-tax profit of N523.8 million in the second quarter<\/b>. This marks a strong recovery and signals healthier financial times ahead for the sugar giant.<\/p>\n<p><a href=\"https:\/\/chat.whatsapp.com\/GxfCtlAzWSMAtz92Gn6fws\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><span class=\"td_btn td_btn_sm td_default_btn\">Join our WhatsApp group<\/span><\/a><\/p>\n<p class=\"p1\"><strong><span class=\"s1\">Join Our Social Media Channels:<\/span><\/strong><\/p>\n<p class=\"p1\"><span class=\"s2\">WhatsApp:<\/span><span class=\"s1\">\u00a0<a href=\"https:\/\/whatsapp.com\/channel\/0029VaINDLn8V0toq2u6BJ34\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NaijaEyes<\/a><\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">Facebook:\u00a0<a href=\"http:\/\/www.facebook.com\/Naijaeyess\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><span class=\"s1\">NaijaEyes<\/span><\/a><\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">Twitter:\u00a0<a href=\"https:\/\/twitter.com\/naija_eyes\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><span class=\"s1\">NaijaEyes<\/span><\/a><\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">Instagram:\u00a0<a href=\"https:\/\/www.instagram.com\/naijaeyes\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><span class=\"s1\">NaijaEyes<\/span><\/a><\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">TikTok:\u00a0<a href=\"https:\/\/www.tiktok.com\/@naijaeyes2\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><span class=\"s1\">NaijaEyes<\/span><\/a><\/span><\/p>\n<p><a href=\"https:\/\/naijaeyesblog.com\/ro\/category\/politics\/\">READ THE LATEST BUSINESS<\/a> NEWS<\/p>","protected":false},"excerpt":{"rendered":"<p>Dangote Sugar&#8217;s Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback Dangote Sugar Refinery Plc\u00a0had a fantastic second quarter in 2025, largely thanks to one very important customer: the\u00a0Nigerian Bottling Company (NBC), which is the company responsible for bottling\u00a0Coca-Cola products in Nigeria. NBC alone accounted for a huge N63 billion in sugar sales for [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":32751,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-32749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dangote Sugar&#039;s Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback - NaijaEyes Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/naijaeyesblog.com\/ro\/dangote-sugars-sweet-deal-n63-bil\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dangote Sugar&#039;s Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback - NaijaEyes Blog\" \/>\n<meta property=\"og:description\" content=\"Dangote Sugar&#8217;s Sweet Deal: N63 Billion from Coca-Cola Bottler Fuels Strong Comeback Dangote Sugar Refinery Plc\u00a0had a fantastic second quarter in 2025, largely thanks to one very important customer: the\u00a0Nigerian Bottling Company (NBC), which is the company responsible for bottling\u00a0Coca-Cola products in Nigeria. 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