Beta Glass Plc (BETAGL.ng)

Beta Glass Plc – Lagos, Nigeria

Industry: Manufacturing – Glass Packaging

Beta Glass Plc is a leading manufacturer, distributor, and seller of glass bottles and containers, headquartered in Lagos, Nigeria. The company provides high-quality glass packaging solutions for a wide array of sectors including soft drinks, breweries, wines and spirits, pharmaceuticals, food, and cosmetics. Beta Glass operates state-of-the-art manufacturing facilities located in Agbara (Ogun State) and Ughelli (Delta State), supported by an extensive distribution network.

In addition to its strong domestic presence, Beta Glass has a growing footprint across West Africa. The company exports its products to Ghana, Burkina Faso, Côte d’Ivoire, Sierra Leone, Guinea, and Liberia, reinforcing its role as a regional glass packaging leader.

Market Position: Beta Glass Plc holds a dominant position in Nigeria’s glass manufacturing sector, supported by its parent company, Frigoglass Group. The company’s scale, regional coverage, and established relationships with major multinational clients distinguish it in a competitive landscape. With a customer-centric approach, high operational efficiency, and a focus on innovation, Beta Glass remains a preferred supplier across key African markets.

Number of Employees: As of December 2024, Beta Glass employed 802 people, reflecting an increase from 793 in 2023. This stable growth underscores the company’s ongoing expansion and investment in human capital.

Financial Highlights: According to the 2024 Annual Report, Beta Glass achieved substantial growth with a revenue of ₦117.6 billion, marking a notable increase from ₦62.9 billion in 2023. The company reported a net profit of ₦13.6 billion, up from ₦6.4 billion the previous year, and an operating profit of ₦23.6 billion in 2024.

Mission Statement: Beta Glass Plc aims to deliver superior value to customers through innovative, sustainable glass packaging solutions, while fostering economic growth and enhancing shareholder returns.

 
• Revenue (2024): ₦117.6 billion

 

• Net Profit (2024): ₦13.6 billion

 

• Operating Profit (2024): ₦23.6 billion

 

• Export Revenue: ₦9.89 billion

 

• Workforce Size: 802 employees

 

• Earnings Per Share (EPS): ₦22.71

Sustainability Focus: Beta Glass is committed to environmental stewardship, social responsibility, and sound governance practices. In 2024, the company continued investing in furnace upgrades to reduce carbon emissions and improve energy efficiency. Waste materials such as scrap glass were recycled, and the firm maintained stringent health, safety, and employee welfare standards. By aligning with global sustainability goals, Beta Glass demonstrates its long-term commitment to responsible manufacturing and community engagement.