Beta Glass Plc grew Profit after Tax by 8.64%

Beta Glass in its fourth quarter report for the period ended, December 31, 2019 posted a turnover of N29.4 billion, up by 11.74% away from the previous turnover of N26.32 billion in the corresponding period in 2018.

 

Profit before Tax grew by 12.30% to close at N8.07 billion from the previous close of N7.2 billion.

Profit after Tax was up by 8.64%, closing the year 2019 at N5.49 billion from the previous close of N5.05 billion in 2018.

The Earnings per Share (EPS) of Beta Glass stands at N10.98, down by 8.64% from the previous EPS of N10.11.

With reference to the share price of N70, the P.E ratio of Beta Glass stands at 6.38x with earnings yield of 15.68%.

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