Beta Glass Plc which is engaged in manufacturing and selling of glassware is the top performing stock on the Nigerian Stock Exchange (NSE).
Beta Glass stock has gained 39.12 percent year to date outperforming all others including the NSE all share index which is down 5.28 percent in 2017.
Beta Glass is a mid-cap stock with market capitalisation of N21.09 billion.
The company manufactures, distributes and sells glass bottles and containers for the soft drinks, wine and spirit, pharmaceutical and cosmetics companies.
Beta Glass has manufacturing plants in Agbara Ogun state and in Ughelli Delta state. The Company exports to over 13 countries, including Angola, Benin, Burkina Faso, Cameroun, Gabon, Gambia, Ghana, Guinea, Liberia, Mauritius, Rwanda, Sierra Leone and Togo.
The Company is a subsidiary of Frigoglass Industries Nigeria Limited.
PATRICK ATUANYA
