Sugar Factories Report Lower Profits in 2025

Four Belarusian sugar factories reduced both revenue and profit in 2025.

According to annual reports from the four enterprises, their combined revenue last year fell by 1.3% to 1.57 billion roubles. At the same time, Zhabinka Sugar Plant and Slutsk Sugar Refinery reported a decline in revenue, while Haradzeya Sugar Plant and Skidziel Sugar Plant posted revenue growth.

The combined cost of production of the four enterprises increased by 3.1% to 1.24 billion roubles.

Net profit at the four factories decreased by 17% to 128.4 million roubles. Only the enterprise in Skidziel reported a doubling of net profit to 16.5 million roubles. The other three factories reported a decline in profit.

The weakest financial results last year were recorded by the enterprise in Zhabinka. Its revenue fell by 12.4% to 297.3 million roubles, while net profit dropped by 51.7% to 11.1 million roubles.

Following the results of last year, the four sugar factories paid 32.3 million roubles in dividends, 20% less than in 2024.

Three of the sugar enterprises are state-owned, while the state holds more than a 51% stake in the Slutsk Sugar Refinery.

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