GLG Life Tech: Q4 Earnings Snapshot
April 1, 2021
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RICHMOND, British Columbia (AP) GLG Life Tech Corp. (GLGLF) on Wednesday reported a loss of $4.9 million in its fourth quarter.
On a per-share basis, the Richmond, British Columbia-based company said it had a loss of 13 cents. Losses, adjusted for non-recurring gains, came to 25 cents per share.
The sweetener maker posted revenue of $2.1 million in the period.
For the year, the company reported net income of $12.3 million, or 32 cents per share, swinging to a profit in the period. Revenue was reported as $11.4 million.
The company s shares closed at 35 cents. A year ago, they were trading at 14 cents.