Key Highlights
- The company reports its profit after tax to be 14.1% lower compared to last year
Beta Glass Plc has released its annual report for the period ended December 31st, 2022 reporting a profit after tax of N4.6 billion.
This represents a 14.1% decrease from the N5.4 billion which the company reported during the same period in 2021.
Key details of the audited financial report are summarized below
Revenue
- December 2022: N54.3 billion
- December 2021: N36.9 billion
- Change: +46.9%
Gross profit
- December 2022: N10.5 billion
- December 2021: N9.2 billion
- Change: +13.5%
Total operating profit
- December 2022: N7.8 billion
- December 2021: N7.8 billion
- Change: -2.33%
Pre-tax profit
- December 2022: N6.9 billion
- December 2021: N7.4 billion
- Change: -5.90%
Net Profit after tax
- December 2022: N4.6 billion
- December 2021: N5.4 billion
- Change: -14.1%
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