Beta Glass Q3 Revenue Rises to N40.37bn, Profit Hits N15.18bn
Beta Glass Plc has reported an 11.7 per cent increase in revenue to N40.37 billion in the third quarter of 2026, compared with N36.15 billion recorded in the corresponding period of 2025,
Beta Glass Plc has announced a 11.7% increase in revenue for the third quarter of 2026, reaching N40.37 billion, up from N36.15 billion in the same period last year. The company's gross profit also grew by 21.3% to N15.18 billion, as reported in its unaudited interim financial results. Operating profit saw a 15% rise to N13.73 billion, while profit before tax increased by 3.5% to N13.16 billion.
Profit after tax grew marginally by 2.9% to N8.77 billion. The company's earnings per share increased by 2.9% to N14.62. Beta Glass CEO Alex Gendis attributed the revenue growth to strong commercial performance and increased sales volumes, driven by healthy demand from key customers in the brewery, soft drinks, pharma, and cosmetics sectors. The company's EBITDA margin improved to 40.8% in Q3 2026, up from 37.6% a year earlier.
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