Greystone Logistics, Inc. (GLGI)
|Net Income (ttm)||5.29M|
|Trading Day||February 23|
|Day's Range||0.8900 - 0.9200|
|52-Week Range||0.297 - 1.18|
GREYSTONE LOGISTICS, INC. REPORTS RESULTS OF OPERATIONS FOR THE THREE MONTHS AND SIX MONTHS ENDED NOVEMBER 30, 2020
Tulsa, OK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- GREYSTONE LOGISTICS, INC. (OTCQB:GLGI). Tulsa-based Greystone Logistics, Inc. reports results of operations for the three months and six months end...
Tulsa, OK, Aug. 25, 2020 (GLOBE NEWSWIRE) -- GREYSTONE LOGISTICS, INC (OTCQB:GLGI). Tulsa-based Greystone Logistics, Inc. reports record earnings for fiscal year ended May 31, 2020.
Increased dependence on major clients is continuing to compress margins. The benefits of robotization are still not showing in the financial results.
Greystone Logistics, through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins. It offers rackable, can, nestable, display, monoblock, half-barrel and slim keg stackable, drum, and mid duty pallets. The company also offers tolling services. It sells its pallets directly, as well as through a network of independent contractor distributors. The company was formerly known as PalWeb Corporation and changed its name to Greystone Logistics, Inc. in March 2005. Greystone Logistics, Inc. was founded in 19... [Read more...]
Warren F. Kruger
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In 2020, GLGI's revenue was $76.20 million, an increase of 7.21% compared to the previous year's $71.08 million. Earnings were $4.70 million, an increase of 160.40%.