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The latest update is out from Sucro Limited ( (TSE:SUGR) ).
Sucro Limited reported a revenue of $155.2 million for the first quarter of 2025, reflecting a 16% decrease compared to the same period in 2024. The company’s net income also fell by 39.2% to $12.0 million, primarily due to lower unrealized mark-to-market gains on physical sugar contracts and decreased adjusted gross profit. Despite these declines, Sucro is advancing the construction of new refineries in Hamilton, Ontario, and University Park, Illinois, to boost production capacity and improve supply responsiveness in key North American markets. The company remains focused on its growth strategy, cost management, and enhancing margins, while monitoring global trade developments.
More about Sucro Limited
Sucro Limited is an integrated sugar refiner primarily serving the North American sugar markets. The company focuses on optimizing its refining operations, managing supply chain costs, and expanding commercial relationships with major food and beverage customers.
Average Trading Volume: 980
Technical Sentiment Signal: Hold
For a thorough assessment of SUGR stock, go to TipRanks’ Stock Analysis page.