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    EFCC arrests 148 Chinese, 40 Filipinos, and 604 others in Lagos for crypto fraud:

    EFCC Opens 2026 Recruitment Portal, Applications Close 1 November

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    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

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Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results

Saturday, 4 April 2026, 9:25 pm
in News
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Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results
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Beta Glass Plc, (NGX: BETAGLAS) hi its financial results for the year ended 31 December 2025.

Revenue rose 27% to ₦149.12 billion from ₦117.58 billion in 2024.

Gross profit increased 71% to ₦52.66 billion, while operating profit doubled to ₦48.09 billion.

Profit before tax increasesd154% to ₦50.54 billion and profit after tax climbed 144% to ₦33.25 billion.

Earnings per share (EPS) reached ₦55.41, up 144% from ₦22.71.

Gross margin improved to 35.3% from 26.3%, and operating margin expanded to 32.3% from 20.0%.

Consequently the Board has proposed a final dividend of ₦7.20 per ordinary share of 50 kobo totaling approximately ₦4.32 billion, subject to approval at the Annual General Meeting.

Key Dates for Shareholders
– Qualification Date: 3 June 202

– Register Closure: 4–11 June 2026

-Payment Date: 25 June 2026.

-AGM: Thursday, 25 June 2026 at 11:00 a.m.,

The CEO Alex Gendis emphasizes that the year’s results reflect the resilience of the business model… underpinned by improved production efficiency, effective cost management, and a clear focus on customers.

Also he  further mentioned for continuously to invest significantly in the asset base, with the rebuild of the furnace in Delta, positioning the business for sustainable long-term growth.”

In February 2026, Helios Investment Partners acquired the controlling stake previously held by Frigoglass Group.

Four Frigoglass-nominated directors resigned and four new Non-Executive Directors were appointed, with their appointments to be ratified at the AGM.

The company maintained its community support, spending ₦17.14 million on projects including boreholes, school infrastructure, health equipment and youth skills training.

Vivian Ifunanya Gerald

Administrator and Writer

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