Beta Glass Plc Reports Revenue of ₦149.1 Billion in Audited Results for 2025
- Beta Glass Plc reported strong financial performance for the year ended December 31, 2025, with revenue rising 27% year-on-year to ₦149.12 billion
- The company recorded significant profitability gains, as gross margin increased to 35.3%, operating margin to 32.3%, and profit after tax surged by 144% to ₦33.25 billion
- Management attributed the growth to improved efficiency, cost control, and strategic investments, while maintaining confidence in the company’s resilience
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Beta Glass Plc (“the Company”), the leading glass container manufacturer in West and Central Africa, is pleased to announce that its Board of Directors has approved the Company’s Audited Financial Statements (AFS) for the financial year ended December 31, 2025, reporting solid revenue growth and reaffirming the Company’s commitment to its core pillars of operational excellence, innovation, and sustainable business practices.
Source: UGC
N'000 | Year ended December 2025 | Year ended December 2024 | +/-% |
Revenue from contracts with customers | 149,122,525 | 117,580,184 | +27% |
Gross profit | 52,663,718 | 30,757,712 | +71% |
Operating Profit | 48,092,894 | 23,555,671 | +104% |
Profit Before Taxation | 50,541,595 | 19,903,373 | +154% |
Profit for the Year | 33,245,317 | 13,626,830 | +144% |
Revenue: For the 2025 financial year, Beta Glass recorded revenue of ₦149.12 billion, compared with ₦117.58 billion in 2024, representing a 27% year-on-year increase. This growth reflects continued demand for the Company’s glass packaging products across key sectors of the Nigerian economy.
Margins: In 2025, the Company’s Gross Margin improved from 26.3% in 2024 to 35.3%, while Operating Margin improved from 20.0% to 32.3%. This significant improvement in margins reflects improved operating efficiency and effective cost management.
Profit After Tax (PAT): The Company reported Profit After Tax of ₦33.25 billion, representing a 144% year-on-year increase from ₦13.63 billion recorded in 2024, demonstrating the resilience of its operations despite evolving global and regional market conditions.
Earnings Per Share (EPS): Earnings per share for the year stood at ₦55.41, representing a 144% year-on-year increase from ₦22.71 in 2024.
Alex Gendis, Chief Executive Officer of Beta Glass Plc, stated:
“This year’s results reflect the resilience of our business model and the successful execution of our strategic initiatives. Despite market challenges, our commitment to delivering value to our shareholders was and remains strong. Our performance was underpinned by improved production efficiency, effective cost management, and a clear focus on our key customers and segments. At the same time, we continued to invest significantly in our asset base, with the rebuild of our furnace in Delta, positioning the business for sustainable long-term growth.”
Source: Original
The Board noted that the Company continues to monitor global developments, including geopolitical tensions and their potential impact on energy costs and supply chains, while maintaining confidence in the Company’s operational resilience and long-term growth strategy.
The full Audited Financial Statements are available on the website https://www.betaglass.com/ and the Nigerian Exchange Group https://ngxgroup.com/.
Beta Glass advocates women’s inclusion as driver for national growth
Meanwhile, Legit.ng earlier reported that Beta Glass Plc brought together industry leaders, professionals, and students to promote gender inclusion as a driver of economic growth.
Prominent speakers emphasised embedding equity in business operations and ensuring women have meaningful access to leadership and opportunities.
Overall, the conference reinforced the need for intentional inclusion in the manufacturing sector, highlighting it as essential for sustainable growth.
Source: Legit.ng
