Daily Archives: August 2, 2017

Beta Glass reports 13.1% sales growth in six months

Beta Glass Plc, on Friday reported sales of N8.8bn for the first six months of 2017, a 13% increase from the previous year’s revenue of N7.8bn.

The company which makes glass bottles and metal crowns for the beverage industry and others said that operating profit rose 212% to N1.6bn, helped by lower cost of sales which grew marginally by 1.49% to N6.7bn, from N6.6bn.

Beta Glass said it gained N536m in net finance income.