Between July and September 2025, Beta Glass Plc had an amazing performance, according to details of its financial statements for the third quarter of this year.
The leading manufacturer of glass packaging solutions grew its revenue by 13 per cent in the period under review on the back of disciplined cost management, enhanced production efficiency, and strong demand across core markets.
A look at the results showed that the net sales stood at N36.2 billion in the period ended September 30, 2025, versus the N31.9 billion achieved in the same period of 2024. Between January and September this year, the gross earnings rose by 43 per cent to N114.4 billion from N79.8 billion, underscoring the company’s ongoing transformation and operational excellenc.
In three months, operating profit rose by 42 per cent to N11.9 billion from N8.4 billion and in nine months, it jumped by 149 per cent to N38.8 billion from N15.6 billion.
Business Post reports that pre-tax profit was up by 109 per cent in Q3 of 2025 to N12.7 billion from N6.1 billion and grew by 225 per cent in nine months to N40.3 billion from N12.4 billion, while the net profit expanded by 114 per cent to N8.5 billion in Q3 of 2025 from N4.0 billion in Q3 of 2024, and rose by 227 per cent to N27.2 billion from N8.3 billion.
“This quarter and year-to-date results reflect the powerful fundamentals of our business, i.e. innovation, sustainability and quality, and the compounding impact of our ongoing transformation journey.
“We are pleased to report another period of strong results, driven by our team’s disciplined execution and strategic focus on efficiency, innovation, and customer satisfaction,” the chief executive of Beta Glass, Mr Alexander Gendis, stated.
“With the Delta plant furnace rebuild completed in record time and our new solar power plant now fully operational, we are building a more energy-efficient and future-ready manufacturing base to serve the growing demand of our domestic customers and continue our regional expansion.
“These strategic investments reinforce our ability to serve customers reliably while advancing our sustainability agenda by reducing our carbon footprint and long-term energy costs,” he added.