Beta Glass' nine-month profit increased by 227%, share price increased by 573.96% YTD


For the nine months (9M) to September 30, 2025, Beta Glass Plc increased its pre-tax profit by 225 per cent to N40.318 billion from N12.415 billion in the same nine-month period of 2024. The company recently announced its unaudited interim financial results for the third quarter (Q3) and nine-month period ended September 30, leading to record performance across key metrics.

Beta Glass PLC is a leading manufacturer of quality glass packaging solutions for the beverage, pharmaceutical and food industries. Headquartered in Lagos, the company also exports to Central and West African markets such as Ghana, Burkina Faso, Ivory Coast, etc., serving both regional and international customers with a strong commitment to quality, innovation and sustainability.

The company's 9M'25 profit after tax (PAT) increased by 227 per cent to N27.223 billion from N8.318 billion in 9M'24. The company's share price on October 30 was N437.4 indicating an increase of 573.96 per cent this year. The stock had hit a 52-week high of N486 compared to the same week's low of N45.

Net sales of Beta Glass increased by 43 per cent to N114.381 billion in 9M'25 from N79.761 billion in 9M'24. In Q3 2025, the company recorded revenue of N36.148 billion, EBITDA of N16.42 billion and EBITDA margin of 39.8 per cent, reflecting strong year-on-year growth and continued margin expansion.

The company said it continues to monitor external factors such as foreign exchange volatility and energy costs while pursuing supply chain optimization and sustainability initiatives to ensure business resiliency.

In the nine months to September 30, 2025, the company's earnings per share (EPS) rose to N45.38 from N13.86 in 9M'24, representing a growth of 227 per cent.

Also read: Beta Glass bets on rebuilding world-record DF1 furnace to gain efficiency

Based on the trailing twelve months (September 2024-September 2025), Beta Glass's revenue reached N152.20 billion with EBITDA of N53.38 billion and margins of 35 per cent, underscoring Beta Glass's ongoing transformation and operational excellence. “This performance was driven by disciplined cost management, increased production efficiency and strong demand in key markets,” the company said.

“Based on the performance of previous quarters, Q3 2025 performance reflects growing market demand, strategic market positioning and focus on operational efficiency, cost discipline and value creation.

“The performance of 9M 2025 confirms the company's resilience, which emphasizes operational excellence, innovative product offerings and quick response to market opportunities,” Beta Glass further said in a recent statement.

Speaking on the results, Alexander Gendis, CEO of Beta Glass, said: “This quarter and year-to-date results reflect the powerful fundamentals of our business, namely innovation, sustainability and quality, and the compounded impact of our ongoing transformation journey. We are pleased to report another period of strong results driven by the disciplined execution of our team and strategic focus on efficiency, innovation and customer satisfaction.

“With the reconstruction of the Delta Plant furnace 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 meet the growing demand of our domestic customers and continue our regional expansion. These strategic investments strengthen our ability to reliably serve customers while driving forward our sustainability agenda by reducing our carbon footprint and long-term energy costs,” Gendis said.

ihenyi nwachukwu

Ihenyi Nwachukwu is a creative content writer with over 18 years of journalism experience writing on banking, finance and capital markets. Several award-winning journalists are assistant editors of BusinessDay. Ihenyi holds a BSc degree in Economics from Imo State University; Master of Science (MSc) degree in Management from the University of Lagos. Ihenyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulation (International Law Institute {ILI) of Georgetown University, Washington DC, USA.

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