GLG Life Tech Corporation Announces Q3 2025 Financial Results

GLG Life Tech Corporation, a leader in zero-calorie natural sweeteners, reported a revenue decline of 36% for Q3 2025, amounting to $2.1 million compared to $3.4 million in Q3 2024. This decline was due to lower unit prices and volumes amid competitive market conditions. Revenue for the first nine months of 2025 fell by 22% to $8.2 million, influenced by pricing pressures in the stevia market.

The company reduced SG&A expenses by 23% in the third quarter of 2025 but experienced a net loss from continuing operations of $5.2 million, an increase from a $3.5 million loss in 2024. However, net income for the nine-month period was $15.4 million, a turnaround from a net loss of $11.5 million in 2024, aided by the sale of its Runhai subsidiary.

Despite challenges, GLG maintains its production focus through a contract with HHY and aims for higher-margin products to sustain its financial performance amid ongoing market pressures.