How Did GLG Corp Cut Its Losses While Closing a Key Manufacturing Plant?

middle.news 2:00am on Saturday 30th of August, 2025 AEST • Manufacturing Read Story

How Did GLG Corp Cut Its Losses While Closing a Key Manufacturing Plant?

2:00am on Saturday 30th of August, 2025 AEST Key Points Net loss narrowed to USD 1.35 million from USD 3.69 million in FY2024 Revenue declined slightly to USD 110.5 million Gross profit margin improved from 15.6% to 17.0% Closure of Malaysian manufacturing plant with associated asset disposals and retrenchment costs Read Story

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