Glg Corp Ltd · ASX:GLE
Glg — Shareholder Meeting (November 2023)
11 slides from Glg's shareholder meeting presentation, Nov 23, 2023
Slide 1: Group of Companies
‘ sy y é e — ti Group of Companies
Slide 2: For personal use only
For personal use only
Slide 3: Financial Highlights for the Financial Year Ended 30 June 2023
FINANCIAL HIGHLIGHTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2023 GROSS MARGIN US$21,487,000 REVENUE OUR SUPPLY LOSS US$116,489,000 CHAIN NETWORK BEFORE TAX 3 COUNTRIES (US$1,218,000) 28 MILLIONS | PIECES SHIPPED TOTAL NET TANGIBLE EQUITY ASSETS PER SHARE US$55,315,000 US65.80 cents
Slide 4: Global Economy: Navigating Turbulence
GLOBAL ECONOMY putting in place an aggressive monetary response to inflationary risk, while others remain in relatively good shape. Navigating Turbulence The challenging economic environment has had asymmetric impacts across fashion business models. However, in general, businesses with the highest e
Slide 5: Holiday sales fall short of expectations
Holiday sales fall short of expectations, set stage for tougher 2023 for retailers PUBLISHED WED, JAN 18 2023-11:21 AM EST | UPDATED THU, JAN 19 2023.9:26 AM EST “Melissa Repko suas f W in Wa eMeLissa. SREPKO KEY * Holiday sales came in below industry expectations, as shoppers felt pinched by POINTS
Slide 6: Holiday sales gains include impact of inflation
The holiday sales gains include the impact of inflation, which drives up total sales. The consumer price index, which measures the cost of a broad mix of goods and services, was up 6.59% in December compared witha year ago, according to the Labor Department. Americans continue to pay “higher prices
Slide 7: Digital Transformation / Sustainability
Digital Transformation / Sustainability: • Digitalisation For personal use only oFor speed and agility in enhancing 3D design and virtual showrooms. oFactory dashboard for our factories for management to make better decisions and faster access to data / report. • Sustainability orecycled cotton/poly
Slide 8: Benefit of Virtual Garments
Benefit of Virtual Garments Reduce Waste > 3D process addresses the sustainability issue by drastically reducing waste, associated with many rounds of sample making included fabric, trim and accessories. Lower Sample Cost > 3D technology reduce sample making costs by 15%. This will significantly red
Slide 9: Maxim x Nextevo
Maxim x NEXTEVG” Our mill partnered with Nextevo to d pineapple le:
Slide 10: Maxim x Xinterra
anaxim x > xinterra Xinterra Xinterra & Maxim are collaborating on a pilot project to develop textile with carbon capture, Xinterra visit to Maxim Xinterra booth at Singapore Fashion = browzwear = Al Technology Apparel organizations are starting to reinvent their product design and development proce
Slide 11: Transformation in Sustainable Fashion
tb¥ TRANSFORMATION IN SUSTAINABLE FASHION ; @) 4 Energy Reductions 30% Reduction in Energy Usage (by completing various energy savings projects) 2,175Mt Reduction of Greenhouse Gases (2018 - 2022) “a — Solid Waste Recycling & Reductions 30% Reduction in Waste (Recycling Program & 6S Management Syste