![]() In the same vein, profit after tax for the 2018 third quarter period stood at N3.5 billion, compared to N2.2 billion during the same period last year. According to the unaudited result, revenue increased from N14.8 billion in Q3 2017 to N19.1 billion in Q3 2018. A look at the company’s recent financial performanceīeta Glass Plc recently released its third quarter financial result which showed a considerable improvement, compared to an equally positive result recorded in Q3 2017. Pet bottles are fast becoming a serious source of competition for the likes of Beta Glass Plc. In the meantime, the company still competes with other smaller bottle makers such as Glass Force Limited. What this means is that Beta Glass Plc has to compete with pet bottle manufacturers such as Geeta Plastic Products Limited, Poly Products Nigeria Limited, and others. This is because the beverage industry has over time, refocused its packaging strategy, with growing use of plastic bottles as against regular glass bottles. ![]() He is an alumnus of Collège d’Europe in Warsaw, where he bagged a Master’s in Advanced European Studies.Īt the moment, Beta Glass Plc’s main competition stems from companies that are specialised in the manufacturing of pet bottles. He joined Frigoglass Group in June 2012 as a Commercial Director of Glass and has since served several executive positions in the company. The Briton is said to have nearly twenty years of experience in the global glass container business. ![]() Mr Bennett-Voci became the company’s CEO in early 2016. One of them is the Chief Executive Officer, Mr Darren Bennett-Voci. A look at the company’s board of directorsĪccording to information contained in Beta Glass’ full-year 2017 financial report, there are currently nine members on the company’s board of directors. Others are Gambia, Gabon, Burkina Faso, Mauritius, Senegal, and Rwanda. These include neighbouring Ghana, Cameroun, Benin Republic, Togo, Guinea, Liberia and Sierra Leone. The company is headquartered in Lagos but has production plants in the Agbara industrial hub of Ogun State, as well as Ughelli which is located in the Southern Nigerian state of Delta.ĭue to the fact that Beta Glass Plc manufactures an uncountable number of bottles, it also sells its industrial goods to breweries outside Nigeria, exporting mainly to West African countries. It also makes glass containers that are used for the packaging of cosmetics and pharmaceutical products. Specifically, the company produces glass bottles for wines, soda drinks, and hard liquor. Incorporated on June 2nd, 1974, Beta Glass Plc is a Nigerian industrial goods company whose business model entails the production and merchandising of glassware. A corporate overview of Beta Glass Plc: h istory, business model, share price, market cap And just in case you already know about the company, then get to know more about its business model, its products and services, its ownership structure, board members, competitors, financial standing, investment opportunities and more. Sinco can manufacture any machine that you need, and a PET preform making machine is one of our specialties. Ironically, this company’s products are used daily by Nigerians, many of whom do not even know of its existence.Īs is the tradition on Nairametrics’ weekly company focus, we will be letting you in on everything you need to know about this NSE-listed company. Sinco, Your Go-To China Manufacturer of The Best PET Preform Making Machines. In Nigeria, one of them is Beta Glass Plc. But the truth is that there are companies whose preoccupation is all about manufacturing the bottles which contain the drinks you take. Moreover, it is easy to assume that drinks manufacturers also make their own bottles. (Using the MR150 Man Rider Winch,) rig and service hands feel safe and secure being lifted to perform any task at any height with the confidence of knowing their lives are secure.Every time you sip from a bottle of cold soft drink or wine, do you ever wonder where the bottle comes from? Let’s agree this is something we seldom do. After all, the interest is in the drink itself and not the container. Our strategic partnership with Ingersoll Rand allows us to leverage innovative asset management solutions to better meet our sites’ needs while driving enhanced reliability, lowering Total Cost of Ownership, and improving energy efficiency. The wrap-around design protects the motor, and it’s plumbed to run 2 hoses at once, with a separate gauge for each hose, doubling your productivity by letting 2 people work at once…” The 120V electric motor gives you 4.4 CFM at 90 PSI. That secured it our ‘Best’ rating because it is great for various jobs such as trim, roofing, decking, framing, etc. “An Ingersoll Rand compressor speaks for itself with a reputation for durability and reliability - and this unit is no exception. What people are saying about Ingersoll Rand
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