GovTwin / Institution

Bangladesh Sugar and Food Industries Corporation

Soe

Government-owned corporation managing state sugar mills and food processing industries

Financial performance FY2022-23

Net result
Tk -533 cr (loss)
Accumulated loss
Tk 9,175 cr
Govt subsidy
Tk 280 cr

FY2022-23 loss reported as Tk 5.33 billion (533 crore) by Prothom Alo; the Financial Express SOE round-up cited a larger FY2022-23 loss of Tk 6.78 billion (678 crore), likely a different/provisional reporting basis. Accumulated loss Tk 91.75 billion (9,175 crore) over 18 years since FY2005-06 was its last profit. Government subsidy in the latest fiscal Tk 2.80 billion (280 crore). Turnover and employee count not verifiable; left null.

Source: state-owned enterprise financial reporting. All SOEs →

Indicators

Tracked, awaiting data (5): agri_rice_production_mt, food_inflation_rate_pct, soe_government_subsidies_crore_bdt, soe_net_profit_loss_crore_bdt, soe_operating_revenue_crore_bdt

Sovereign Media & Investigative Coverage

5 verified reports

Authentic policy, governance, and institutional reports from BDPolicyLab's 108k sovereign news corpus.

Is the govt strengthening state institutions or rehabilitating party leaders? ↗ 2026-08-13

Analysis

Transport Infrastructure Mention: Bangladesh Sugar and Food Industries Corporation (2x) · By Arifur Rahman
BNP leaders join govt orgs without resigning from party positions ↗ 2026-08-13

Violation of appointment conditions

Transport Infrastructure Mention: Bangladesh Sugar and Food Industries Corporation (1x) · By Mohammed Mostafa
What message do party appointments to state institutions send? ↗ 2026-07-27
Transport Infrastructure Mention: Bangladesh Sugar and Food Industries Corporation (1x) · By Arifur Rahman
How long will the state-owned factories incur huge losses? ↗ 2019-05-25
Fiscal Monetary Mention: Bangladesh Sugar and Food Industries Corporation (3x) · By migrator
Decision to import sugar was unrealistic ↗ 2019-05-23
Trade Commerce Mention: Bangladesh Sugar and Food Industries Corporation (7x) · By migrator