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GLG Life Tech: 3Q Earnings Snapshot
RICHMOND, British Columbia (AP) _ GLG Life Tech Corp. (GLGLF) on Monday reported third-quarter net income of $15.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Richmond, British Columbia-based company said it had net income of 41 cents. Losses, adjusted for non-recurring gains and asset impairment gains, came to 1 cent per share.
The sweetener maker posted revenue of $3 million in the period.
The company’s shares closed at 12 cents. A year ago, they were trading at 13 cents.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLGLF at https://www.zacks.com/ap/GLGLF
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