Sunday Ehigiator
Beta Glass Plc has reaffirmed its growth ambitions after reporting a first-quarter 2026 revenue of N37.54 billion and unveiling a reconstituted board to strengthen corporate governance and drive long-term value creation.
The company disclosed this at its 52nd Annual General Meeting (AGM), held in Lagos, where shareholders approved key resolutions and reviewed the company’s performance and future strategy.
Speaking at the AGM, the Chairman of the Board, Dr. Vitus Ezinwa, said the new board composition would position the company for sustained growth.
According to him, “The newly reconstituted Board positions Beta Glass to accelerate sustainable growth, strengthen shareholder value, and enhance the resilience of its regional supply chains amid an evolving global business landscape.”
Beta Glass also cited findings from an independent socio-economic impact report by Deloitte, which indicated that the company had contributed more than N1 trillion to Nigeria’s economy over the past decade.
As part of its board renewal, the company announced the appointment of four non-executive directors: Mr. Nitin Kaul, Ms. Olusola Carrena, Mr. Bolaji Olatunbosun Osunsanya, and Mr. Boye Olusanya, bringing expertise spanning private equity, corporate finance, manufacturing, logistics, energy and infrastructure.
The Chief Executive Officer of Beta Glass, Alex Gendis, said the company’s performance reflected its resilience despite market challenges.
“The results achieved during the year demonstrate the resilience of our business and our ability to adapt to changing market conditions. We will continue to focus on operational excellence, innovation, and disciplined execution as we position the Company for sustainable growth, underpinned by our commitment to building and sustaining strong strategic partnerships with our customers,” he said.