GLG Life Tech (TSE:GLG) has released an update.
GLG Life Tech Corporation has reported a significant increase in revenue with $3.7 million for Q2 2024, up 84% from Q2 2023, and a 101% increase for the first half of the year despite a net loss per share increase. The company’s efforts to manage expenses have led to reduced SG&A costs but haven’t offset a substantial net loss, which grew to $8.0 million in the first six months of 2024.
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