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An announcement from GLG Corp Ltd ( (AU:GLE) ) is now available.
GLG Corp Ltd reported its preliminary final results for the financial year ending June 30, 2025, showing a decrease in revenue and a reduction in net loss compared to the previous year. The company experienced a 5.2% decline in revenue from ordinary activities, amounting to USD 110.534 million, and a significant reduction in net loss after tax, which decreased by 63.4% to USD 1.35 million. This improvement in net loss suggests a positive shift in the company’s financial health, despite the drop in revenue, and may indicate efforts to enhance operational efficiency or cost management.
More about GLG Corp Ltd
Average Trading Volume: 14,581
Technical Sentiment Signal: Sell
Current Market Cap: A$9.63M
For a thorough assessment of GLE stock, go to TipRanks’ Stock Analysis page.