Beta Glass Plc.
NNSENG:BETAGLAS511.50
NGN
0.00
(0.00%)
Beta Glass Plc.
NSENG:BETAGLAS
(Nigerian Stock Exchange)
Recent
price
511.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Beta Glass Plc is a Nigeria-based packaging manufacturing company engaged in the production and sale of hollow glass containers and metal crown closures for packaging applications across the food, beverage, pharmaceutical, and personal care sectors. The company operates through two primary business divisions: Glass Containers and Metal Crowns. Its product portfolio comprises flint, amber, and emerald green glass bottles and jars designed for carbonated soft drinks, malt beverages, beer, cider, wine, spirits, packaged foods, pharmaceutical syrups, and cosmetic formulations; and standard, pry-off, and twist-off lithographed metal crown corks equipped with specialized sealing liners for beverage bottling lines. Beta Glass Plc also provides custom container design, automated quality inspection, decorative printing, and glass cullet recycling services. The company distributes its packaging solutions to domestic and multinational fast-moving consumer goods (FMCG), brewery, and pharmaceutical manufacturers across Nigeria, with export operations extending throughout West and Central Africa, including Ghana, Cameroon, Benin, Togo, Sierra Leone, Liberia, and Côte d'Ivoire. Founded in 1974 and headquartered in Lagos, Nigeria, the company operates manufacturing plants in Agbara, Ogun State, and Ughelli, Delta State, and operates as a subsidiary of the Frigoglass Group. In recent developments, Beta Glass Plc has undertaken major operational and sustainability initiatives, including capital investments in furnace modernization and capacity upgrades at its manufacturing facilities to increase melting capacity and energy efficiency; the integration of commercial solar photovoltaic systems to augment power reliability and reduce carbon intensity; continuous expansion of local cullet collection partnerships to increase recycled content in production; and the expansion of cross-border distribution networks to capitalize on trade opportunities under the African Continental Free Trade Area.