GLG Life Tech's Q3 revenues soar 42% to $3.4M, driven by international stevia sales growth.

GLG Life Tech Corporation, a leader in zero-calorie natural sweeteners, saw its revenues jump 42% in Q3 2024 to $3.4 million, with a 78% increase for the first nine months to $10.5 million, mainly due to rising international stevia sales. Despite these gains, the company reported a continuing operations net loss for the period, though a one-time gain from debt elimination helped improve its financial outlook. The transfer of its 'Runde' subsidiary is expected to remove significant debt from its balance sheet.

November 30, 2024
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