GLG Life Tech reports Q2 results
- BySeeking Alpha-
GLG Life Tech (GLGLF): Q1 GAAP EPS of -$0.10.Revenue of $3.3M (+28.4% Y/Y)Press Release
GLG Life Tech (GLGLF): Q4 GAAP EPS of -C$0.17.Revenue of C$2.8M (-4.4% Y/Y)Press Release
Glg Life Tech Corp is a producer of stevia extract and monk fruit extract. The Company specializes in the research and development, growing, refining and production of natural sweeteners for distribution to the global food and beverage industry. The Company's business operates through the Natural Sweeteners Products segment. The Natural Sweeteners Products segment is engaged in the manufacturing and sales of a refined form of stevia and monk fruit, which has operations in China and North America. The Company's stevia extracts, such as Rebaudioside A (Reb A) and Monk fruit extracts are used as all-natural, zero-calorie sweeteners in food and beverages. The Company supplies ingredients marketed under its Naturals+ product line. Its stevia operations in China include approximately four processing factories, stevia growing areas across over 10 growing regions, and approximately four research and development centers engaged in the development of stevia seeds and seedlings.