GovTwin / Institution

Bangladesh Sugar and Food Industries Corporation

Soe · Chairman (Additional Charge): Md. Rashidul Hassan

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 →