Only one out of 15 state-run sugar mills is seeing profits while the rest are counting losses, the industries minister said on Sunday.
Minister Nurul Majid Mahmud Humayun made the statement in his reply to a question from Bhola 2 lawmaker Ali Azam in parliament.
Of the government-owned sugar mills, only Carew and Co is profitable, said the industries minister.
Sugarcane thrashing is suspended at six of the unprofitable mills, he added.
The six mills are in Pabna, Shyampur, Setabganj, Kushtia, Panchagarh and Rangpur. Production at these mills has been on halt since December 2020 amid mounting losses.
