Beta Glass posts ₦16.16bn H1 profit as Q2 revenue climbs 13.8%
By Aboki Forex —
Beta Glass Plc has released its unaudited interim financial statements for the six months ended 30 June 2026, showing double-digit revenue growth in the second quarter and a resilient first half. The leading glass container manufacturer in West and Central Africa reported Q2 2026 revenue of ₦42.18 billion, up 13.8% from ₦37.07 billion in Q2 2025.
H1 2026 results
H1 2026 revenue rose to ₦79.71 billion, a 1.9% increase from ₦78.23 billion in H1 2025. The company said this was against a strong comparative base set by early-year customer stocking activity in 2025, reflecting sustained customer demand, improved commercial execution, and a continued focus on operational excellence.
Profit After Tax for Q2 2026 remained solid at ₦8.35 billion. For H1 2026, the company recorded Profit After Tax of ₦16.16 billion. Earnings Per Share stood at ₦26.93 for H1 2026.
CEO comment
Chief Executive Officer Alex Gendis 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 over the second half of the year. Our HI 2026 performance is best understood against the base effect of 2025, when several key customers frontloaded a significant share of their annual requirements early in the year, creating an unusually strong comparative base. Adjusting for this, we remain on track to meet our full-year objectives and are trading ahead of our internal targets. We continue to see solid demand across both our local and export markets and remain focused on delivering the highest quality glass products, operational excellence and service that our customers have come to expect from Beta Glass.”
What it means for businesses
The company’s dynamic pricing model will account for higher inbound logistics and input costs, which may affect glass packaging prices for customers in the second half of the year. Beta Glass Plc makes glass packaging for the beverage, pharmaceutical, and food industries across West and Central Africa. The full unaudited interim financial statements are available at www.betaglass.com.