BUSINESS

Beta Glass Grows Profit To N1.35bn In Q3 2021

 

Beta Glass, a major supplier of glass packaging in  West Africahas released its unaudited interim financial statements for the third quarter ended 30 September 2021 with 146.82% growth in profit after tax for the three months period to N1.350 billion from  N546.882 million in Q3 2020.

Profit after tax for the nine months period rose by 122.5% to N4.165 billion from N1.872 billion in 2020.

The company recorded an increase in revenue to N10.038 billion in Q3 , up from N5.815 billion in 2020. The figure for nine months rose to N25.620 billion from N17.153 billion in 2020.

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