Glg Corp Ltd · ASX:GLE

Glg — Shareholder Meeting (November 2020)

20 slides from Glg's shareholder meeting presentation, Nov 26, 2020

  1. Slide 1: GLG Corp Limited Annual General Meeting

    GLG CORP LIMITED Annual General Meeting Virtual Meeting 3.00 pm AEDT / 12.00 pm SGT 26th November 2020 (Thursday) WELCOME 26 November 2020 AGM FY2020 1

  2. Slide 2: Cautionary Note on Forward-looking Statements

    Cautionary Note on Forward-looking Statements This presentation may contain statements regarding the business of GLG Corp Limited and its subsidiaries (‘Group’) that are of a forward-looking nature and are therefore based on management’s assumptions about future developments. Such forward looking st

  3. Slide 3: Directors' Review

    Directors’ Review 26 November 2020 AGM FY2020 3

  4. Slide 4: Income Statement FY2020 vs FY2019

    Income Statement FY2020 vs FY2019 GLG Corp Ltd FY2020 FY2019 Income Statement % Change US’000 US’000 Sales 178,047 175,709 1.3% Cost of sales (138,892) (148,267) -6.3% Gross Profit 39,155 27,442 42.7% Other Operating Income 3,170 1,031 207.5% Selling & Distribution Expenses (6,739) (8,315) -18.9% Ad

  5. Slide 5: Full Year Performance FY2020 vs FY2019

    Full Year Performance FY2020 vs FY2019 GLG Corp Ltd Revenue & Gross Profit GP% (US$’000) 200,000 Revenue GP GP% 24.0% 180,000 22.0% 160,000 178,047 22.0% 175,709 140,000 20.0% 120,000 18.0% 100,000 80,000 15.6% 16.0% 60,000 14.0% 40,000 20,000 39,155 12.0% 27,442 - 10.0% FY2020 FY2019 26 November 20

  6. Slide 6: Revenue by Key Customers FY2020 vs FY2019

    Revenue by Key Customers FY2020 vs FY2019 FY2020 FY2019 Variance Sales From Top 10 Customers Change % US$'000 US$'000 US'000 WAL-MART USA 45,722 48,072 (2,350) -4.9% MACY 30,896 50,230 (19,334) -38.5% WAL-MART CANADA 15,427 32,993 (17,566) -53.2% AERO OPCO 14,866 12,702 2,164 17.0% GIII 12,559 14,02

  7. Slide 7: Revenue for FY2020 By Quarter - Value and Unit Price

    Revenue for FY2020 By Quarter - Value and Unit Price Revenue By Quarter Sales US $ Dozen million Average Price million per dozen US$ 1Q: Jul-Sep 2019 41.72 1.11 37.55 2Q: Oct-Dec 2019 33.44 1.09 30.71 3Q: Jan-Mar 2020 38.47 1.07 35.85 4Q: Apr-Jun 2020 64.42 2.10 30.63 Grand Total 178.05 5.38 33.12 2

  8. Slide 8: Cost below Gross Margin Analysis FY2020 vs FY2019

    Cost below Gross Margin Analysis FY2020 vs FY2019 FY2020 FY2019 % Change US’000 US’000 Selling & Distribution Expenses (6,739) (8,315) -18.9% Administrative Expenses (11,909) (13,867) -14.1% Finance Costs (3,504) (1,675) 10.3% Other Operating Expenses (14,950) (3,178) 792.5% Selling and distribution

  9. Slide 9: Financial Highlights of FY2020

    Financial Highlights of FY2020 26 November 2020 AGM FY2020 9

  10. Slide 10: Operational Highlights of FY2020

    Operational Highlights of FY2020 26 November 2020 AGM FY2020 10

  11. Slide 11: Operational Highlights of FY2020

    Operational Highlights of FY2020 GLG Corp Ltd has secured a new sustainable green antimicrobial technology from Nanyang Technological University (NTU) which can kill 99% of harmful bacterial by disrupting the cell walls. GLG applied it on the fabric masks which was distributed in Singapore on March

  12. Slide 12: Operational Highlights of FY2020

    Operational Highlights of FY2020 26 November 2020 AGM FY2020 12

  13. Slide 13: Operational Highlights of FY2020

    Operational Highlights of FY2020 26 November 2020 AGM FY2020 13

  14. Slide 14: Operational Highlights of FY2020

    Operational Highlights of FY2020 03 Third Quarter Jan 20 20 to M ar 20 20 February 20 20 > Change of Registered Address > GG Fashion (Cambodia) Co., Ltd. obtained > Appointment of CFO Victoria Yong Higg Facility Envirnoment Module > Appendix 4D (First Half of FY2020) financial > Diverting production

  15. Slide 15: Operational Highlights of FY2020

    Operational Highlights of FY2020 26 November 2020 AGM FY2020 15

  16. Slide 16: Operational Highlights of FY2020

    Operational Highlights of FY2020 26 November 2020 AGM FY2020 16

  17. Slide 17: 3D Virtual Technology

    Operational Highlights of FY2020 3D Virtual Technology Investm ent in 3D technology softw are like CLO and Brow zw ear CLO is a robust simulation engine allows you to create styles with countless layers and intricate details. Design a variety of garments, from asimple blouse to technical outwear wit

  18. Slide 18: Operational Highlights of FY2020

    Operational Highlights of FY2020 26 November 2020 AGM FY2020 18

  19. Slide 19: Outsourced Manufacturing Partner

    * * 26 November 2020 AGM FY2020 19 * Outsourced Manufacturing Partner

  20. Slide 20: November 2020 AGM FY2020

    26 November 2020 AGM FY2020 20

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