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GLG Corp Ltd ( (AU:GLE) ) has provided an update.
GLG Corp Ltd has announced that its unaudited financial results for the fiscal year ending June 30, 2025, indicate a loss between US$200k to US$500k, which is lower than previously forecasted. This adjustment is primarily due to tariff-related pressures affecting profit margins in early 2025. The company plans to release more detailed operational and strategic updates with the full financial results around August 29, 2025.
More about GLG Corp Ltd
GLG Corp Ltd is a global textile and apparel supply chain manager specializing in casual lifestyle knitwear apparel for major U.S. and European retailers. The company supplies approximately 56 million garments annually through its global marketing and manufacturing network, offering a comprehensive service package from product design to post-manufacturing logistics.
Average Trading Volume: 17,196
Technical Sentiment Signal: Sell
Current Market Cap: A$7.78M
See more data about GLE stock on TipRanks’ Stock Analysis page.