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GLG Life Tech Q2 FY26 net loss turns to CAD 6.1 million; revenue falls 19% to CAD 2.3 million

PUBT·08/31/2026 23:40:19
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GLG Life Tech Q2 FY26 net loss turns to CAD 6.1 million; revenue falls 19% to CAD 2.3 million
  • GLG Life Tech posted Q2 revenue of CAD 2.3 million, down 19% year over year; net loss attributable to shareholders was CAD 6.09 million.
  • Loss per share was CAD 0.16, swinging from profit per share a year earlier; gross margin rose 7 percentage points to 22%.
  • First-half revenue fell 23% to CAD 4.67 million; net loss attributable to shareholders widened to CAD 11.61 million.
  • Management flagged sustained stevia and monk fruit price pressure, with recent signs the late-2023 to early-2025 growth trend is no longer sustained.
  • Company warned it may not fund strategic plans without new cash, while planning to apply to resume trading on NEX within 10 days.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GLG Life Tech Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608311939ACCESSWRNAPR_____1214972) on August 31, 2026, and is solely responsible for the information contained therein.