Beta Glass PLC, BETAGLAS:LAG profile

IndustrialsGeneral Industrials

Price (NGN)53.50
Today's Change-5.90 / -9.93%
Shares traded774.00
1 Year change+37.18%
Beta0.0904

Data delayed at least 60 minutes, as of May 03 2024 14:03 BST.

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About the company

Beta Glass Plc is a Nigeria-based company. The Company manufactures, distributes, and sells glass bottles and containers for soft drinks, breweries, wine and spirits, pharmaceutical, foods and cosmetics companies. It is a supplier of glass packaging in the emerging markets of West Africa. The Company has manufacturing plants in Agbara Ogun State and in Ughelli Delta State. The Company exports to various countries, including Cameroun, Ghana, Sierra-Leone, Togo, and South Africa. The Company is a subsidiary of Frigoglass Industries Nigeria Limited.

Revenue in NGN (TTM)62.91bn
Net income in NGN6.44bn
Incorporated1974
Employees793.00

Location
Beta Glass PLCIddo House, Iddo,PO Box 159LAGOS NigeriaNGA
Phone+234 12806700
Fax+234 12806701
Websitehttps://www.frigoglass.com/beta-glass-investors/

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Income statement (NGN)

Year on year Beta Glass PLC grew revenues 15.76% from 54.34bn to 62.91bn. In addition the company has reduced the cost of goods sold as a percent of sales, selling, general and administrative expenses as a percent of sales and interest paid as a percent of sales. These improvements contributed to 37.50% net income growth from 4.69bn to 6.44bn.

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