Beta Glass Plc Reports ₦18.7 Billion Profit in H1 2025, Revenue Up 63.4%

Beta Glass Plc has reported a profit after tax of ₦18.7 billion for the half year ended June 30, 2025, more than four times the ₦4.3 billion recorded in the same period of 2024.

Revenue rose 63.4 percent year-on-year to ₦78.2 billion, compared to ₦47.9 billion in H1 2024, according to the company’s unaudited financial statement obtained by Investors King.

Gross profit nearly tripled to ₦29.4 billion from ₦9.9 billion last year, supported by higher sales volumes and improved operational efficiency.

Financial Performance Highlights

• Revenue: ₦78.2 billion (H1 2024: ₦47.9 billion)

• Gross Profit: ₦29.4 billion (H1 2024: ₦9.9 billion)

• Operating Profit: ₦26.8 billion (H1 2024: ₦7.1 billion)

• Profit Before Tax: ₦27.6 billion (H1 2024: ₦6.3 billion)

• Profit After Tax: ₦18.7 billion (H1 2024: ₦4.3 billion)

• Earnings Per Share (EPS): ₦31.18 (H1 2024: ₦7.18)

Finance income increased to ₦5.0 billion from ₦3.7 billion in H1 2024, partly offsetting a rise in finance costs to ₦3.8 billion.

Q2 2025 Snapshot

• Revenue: ₦37.1 billion (Q2 2024: ₦23.6 billion)

• Profit After Tax: ₦8.7 billion (Q2 2024: ₦2.9 billion)

• EPS: ₦14.52 (Q2 2024: ₦4.78)

Outlook

Beta Glass remains focused on expanding capacity, enhancing product quality, and leveraging growing demand in the food and beverage sector.

The company said it is on track to sustain strong growth and deliver long-term value to shareholders.