Beta Glass Plc expanded its second-quarter revenue by 13.8% to ₦42.18bn, driven by sustained demand across domestic and export markets, despite elevated inbound logistics and raw material costs weighing on margins.
The packaging manufacturer disclosed the financial performance in its unaudited statements for the six months ended 30 June 2026.
The top-line expansion in Q2 lifted first-half (H1) 2026 revenue to ₦79.71bn, representing a 1.9% increase compared with the ₦78.23bn recorded in H1 2025. Management noted that the growth rate accounts for a high comparative base set by customer inventory front-loading in early 2025.
Half-year earnings and customer demand trends
According to the company, the overall performance reflects sustained customer demand, improved commercial execution, and a continued corporate focus on operational excellence.
Net profit for the second quarter remained steady at ₦8.35bn. For the cumulative H1 2026 period, the company recorded a profit after tax of ₦16.16bn, while earnings per share reached ₦26.93.
Dynamic pricing strategy aimed at margin recovery
Alex Gendis, Chief Executive Officer of Beta Glass Plc, said: “Our 13.8% revenue growth in Q2 2026 was supported by sustained customer demand both locally and from export sales. Our underlying cost base remains well managed, but higher inbound logistics and input costs weighed on margins during Q2 2026.
“Going forward, our dynamic pricing model will account for these factors; we expect this to progressively support margin recovery…
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