Glg Corp Ltd · ASX:GLE

Glg — Shareholder Meeting (November 2021)

16 slides from Glg's shareholder meeting presentation, Nov 26, 2021

  1. Slide 1: GLG Corp Ltd Annual General Meeting

    GLG CORP LTD For personal use only Annual General Meeting Virtual Meeting 26th November 2021 (Friday) 3.00 pm AEST/12.00 pm SGT WELCOME 26 November 2021 AGM FY2021 1

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

    Cautionary Note on Forward-looking Statements For personal use only 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. S

  3. Slide 3: Directors' Review

    For personal use only Directors’ Review 26 November 2021 AGM FY2021 3

  4. Slide 4: Income Statement: Full Year Performance FY2021 vs FY2020

    Income Statement Full Year Performance FY2021 vs FY2020 For personal use only ACTUAL ACTUAL GLG Corp Ltd FY2021 FY2020 % change US$’000 US$’000 Revenue 183,804 178,047 3.2% Cost of Sales (150,712) (138,892) 8.5% Gross (Loss) / Profit 33,092 39,155 -15.5% Other Operating Income 3,151 3,170 -0.6% Sell

  5. Slide 5: FY2021 Dividends

    FY2021 Dividends GLG Corp Ltd For personal use only Distributions Unfranked amount Total amount US$ Payment date per security in US cents Interim ordinary 1.0 741,000 15 April 2021 unfranked dividend Final ordinary 1.0 741,000 18 October 2021 unfranked Dividend Total unfranked 2.0 1,482,000 dividend

  6. Slide 6: Revenue by Key Customers

    Revenue by Key Customers AGM FY2021 FY2021 vs FY2020 For personal use only BUYER Actual'2021 Actual'2020 Variance Act'21 vs Act'20 WALMART STORES INC 54,460 45,718 8,742 19.1% MACY'S 32,202 30,896 1,306 4.2% WAL-MART CANADA CORP 26,942 15,427 11,516 74.6% MASKS CUSTOMERS 20,974 43,601 -22,626 -51.9%

  7. Slide 7: Cost below Gross Margin Analysis

    Cost below Gross Margin Analysis FY2021 vs FY2020 FY2021 FY2020 % Change For personal use only US’000 US’000 Selling & Distribution Expenses (9,083) (6,739) 34.8% Administrative Expenses (11,715) (11,909) -1.6% Finance Costs (1,813) (3,504) -48.3% Other Operating Expenses (9,742) (14,950) -34.8% Sel

  8. Slide 8: Financial

    For personal use only Financial Highlights of FY2021

  9. Slide 9: Key Milestones for FY2021

    AGM FY2021 Key Milestones for FY2021 For personal use only GG Fashion (Cambodia) Co. Ltd obtained Global Organic Textile Standard (GOTS) certificate compliance in Nov’20 Maxim Textile Technology Sdn Bhd obtained certificates compliance in Jan’21 ➢ Global Organic Textile Standard (GOTS), ➢ Global Rec

  10. Slide 10: Operational

    For personal use only Operational Highlights of FY2021 26 November 2021 AGM F2021 10

  11. Slide 11: Operational

    For personal use only Operational Highlights of FY2021 26 November 2021 AGM FY2021 11

  12. Slide 12: Operational

    Operational Highlights of FY2021 For personal use only 26 November 2021 AGM FY2021 12

  13. Slide 13: Operational

    For personal use only Operational Highlights of FY2021 26 November 2021 AGM FY2021 13

  14. Slide 14: Operational

    Operational Highlights of FY2021 For personal use only 26 November 2021 AGM FY2021 14

  15. Slide 15: For personal use only

    For personal use only * * 26 November 2021 AGM FY2021 15

  16. Slide 16: For personal use only

    For personal use only 26 November 2021 AGM FY2021 16

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