GLG Corp Ltd: Financial Update and Business Overview

GLG Corp Ltd LASX: GLE), a global textile and apparel supply chain manager based in Sydney, Australia, has issued a profit guidance update for the financial year ended 30 June 2025. The company anticipates an unaudited net loss ranging from US$200,000 to US$500,000 for FY2025, a narrower loss than earlier projections. This improvement, however, still reflects the ongoing challenges posed by tariff pressures that affected profit margins during the first half of 2025. The company is expected to provide comprehensive financial, operational, and strategic details upon releasing its full-year results around 29 August 2025.

GLG Corp Ltd supplies around 56 million casual lifestyle knitwear garments annually to leading retailers in the U.S. and Europe. Its end-to-end service model includes in-house design, material management, production oversight, and logistics, positioning it as a fully integrated apparel solution provider across international markets

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