Chuadanga, Dec. 12 -- Carew & Company (Bangladesh) Limited has booked the highest net profit in its history for the 2024-25 fiscal year, even as its sugar operations continue to haemorrhage money.

This underscores the widening divide between its modernised businesses and ageing core mill, officials said.

The state-run enterprise reported a net profit of Tk 129.44 crore, up from Tk 112.07 crore a year earlier, according to company data.

Revenue contributions to the government stood at Tk 140.36 crore, broadly unchanged from last year.

The surge came overwhelmingly from the company's distillery unit, which continues to act as Carew's financial backbone, said an official sharing the data.

Meanwhile, the sugar division once again posted ...