Beta Glass Plc has reconstituted its board and outlined plans to expand investment in manufacturing technology after reporting first-quarter revenue of N37.54bn.
The company announced this at its 52nd Annual General Meeting held in Lagos, where shareholders reviewed its financial performance and approved key governance decisions.
According to the company, the unaudited interim financial statements for the quarter ended March 31, 2026, showed revenue of N37.54bn, which it attributed to operational performance and asset utilisation.
The company also cited findings from an independent socio-economic impact report by Deloitte, which estimated that Beta Glass contributed more than N1tn to Nigeria’s economy over the past decade, accounting for nearly one per cent of the country’s manufacturing output and 14 per cent of the non-metallic products sub-sector.
A major outcome of the meeting was the reconstitution of the Board of Directors with the appointment of four non-executive directors. The new appointees are Nitin Kaul, Olusola Carrena, Bolaji Olatunbosun Osunsanya, and Boye Olusanya.
