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Home Markets Equities Company Results

Beta Glass Plc grows profit by 112% to N2.82 billion in HY 2021.

Chidi Emenike by Chidi Emenike
August 1, 2021
in Company Results, Markets
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Beta Glass reports 638.6% spike in Q1 profit, on booming glassware and bottle sales  

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Beta Glass Plc released its unaudited financial results for the period ended June 30, 2021.

  • Revenue for the period was N15.58 billion. (+37.4% YoY)
  • Cost of sales was N10.8 billion. (+16.0% YoY)
  • Administrative expenses totalled N916.3 million. (+16.9% YoY)
  • An operating profit of N4.24 billion was recorded. (+214.9% YoY)
  • Profit after tax for the period was N2.82 billion. (+112.5% YoY)
  • Earnings per share of N5.63 kobo Vs N2.65 kobo YoY

See link to results.

Tags: Beta Glass PlcCompany Financial Results
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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