Beta Glass outperforms on NSE
Beta Glass PLC, a subsidiary of Frigoglass Industries Nigeria Limited, engaged in the manufacturing and selling of glassware, has gained 39.12% this year to achieve the status top performing stock on the Nigerian Stock Exchange (NSE).
Beta Glass is a mid-cap stock with market capitalisation of N21.09 billion.
With manufacturing plants in Agbara Ogun state and in Ughelli Delta state, the company produces, distributes, and sells glass bottles and containers for the soft drinks, wine and spirit, pharmaceutical, and cosmetics industries and exports to over 13 countries, including Angola, Benin, Burkina Faso, Cameroun, Gabon, Gambia, Ghana, Guinea, Liberia, Mauritius, Rwanda, Sierra Leone and Togo.