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Greystone Logist - GLGI STOCK NEWS

Welcome to our dedicated page for Greystone Logist news (Ticker: GLGI), a resource for investors and traders seeking the latest updates and insights on Greystone Logist stock.

Greystone Logist (GLGI) delivers innovative logistics solutions through 100% recycled plastic pallets designed for industrial durability and environmental responsibility. This news hub provides stakeholders with essential updates about the company’s sustainable manufacturing advancements and market developments.

Access timely press releases covering product innovations, strategic partnerships, and operational milestones. Discover updates on GLGI’s patented HDPE recycling processes, FDA-compliant solutions for food sectors, and initiatives advancing circular economy practices in logistics.

Key content includes earnings reports, sustainability achievements, and technological breakthroughs in plastic pallet engineering. Investors and industry professionals will find curated information supporting informed analysis of GLGI’s position in eco-friendly supply chain solutions.

Bookmark this page for ongoing insights into how Greystone Logist transforms recycled materials into high-performance logistics assets while maintaining cost efficiency across agricultural, manufacturing, and food processing sectors.

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Greystone Logistics, Inc. reports financial results for the nine and three months ended February 29, 2024. Earnings per share decreased, with net income lower compared to the prior period. Sales increased, with improved gross profit margins. CEO Warren Kruger highlights employee efforts and growth prospects in various industries.
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Greystone Logistics, Inc. schedules the release of earnings for the nine and three months ended February 29, 2024. The teleconference hosted by President and CEO Warren Kruger will provide insights into operations and a Q&A session.
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Greystone Logistics, Inc. reports impressive financial performance for the six months ended November 30, 2023, with significant improvements in earnings per share, net income, and EBITDA. Sales and gross profit margins also showed remarkable growth. The company expanded its sales team and announced an order for a new tool for an existing customer, strengthening its relationships and commitment to innovation.
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Greystone Logistics, Inc. (OTCQB: GLGI) has announced the release of earnings for the six and three months ended November 30, 2023, scheduled for Wednesday, January 17, 2024, at 6:00 AM ET. A teleconference will be held the same day at 2:00 PM ET, hosted by Warren Kruger, President and CEO, to present earnings, discuss operations, and hold a Q&A session. Investors can dial in using Toll-Free Number 800-579-2543 or Direct/International Number 785-424-1789, with the conference ID 'GREYSTONE'.
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Greystone Logistics reports Q3 2023 earnings with improved profit margins and higher sales compared to the prior period.
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Greystone Logistics, Inc. to release earnings for the three months ended August 31, 2023
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Greystone Logistics reports strong financial performance for the year ended May 31, 2023
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Greystone Logistics, Inc. to release earnings for the year ended May 31, 2023
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Tulsa, OK, April 24, 2023 (GLOBE NEWSWIRE) -- Greystone Logistics (OTCQB:GLGI) announces the acquisition of Paradigm Plastic Pallets, including extrusion lines and manufacturing equipment, to reinstate production capabilities in Jasper, IN. This strategic move diversifies Greystone’s product offerings beyond plastic injection pallets and supports sustainability by using recycled plastics. The new manufacturing process allows for a wide range of pallet sizes and configurations, enhancing flexibility. Paradigm's pallets are already approved for use by major companies like Toyota and Honda. CEO Warren Kruger emphasized the acquisition’s role in advancing Greystone's manufacturing capabilities and sales network.

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Tulsa-based Greystone Logistics, Inc. (OTCQB:GLGI) announced financial results for the nine and three months ended February 28, 2023. For the nine-month period, the company reported a net income of $4,471,124 ($0.16 per share), up from $3,044,535 ($0.11 per share) in the previous year. EBITDA increased to $10,109,572, compared to $8,237,357 in 2022. For the three-months ended February 28, 2023, net income rose to $3,562,996 ($0.13 per share) from $452,458 ($0.02 per share) in 2022. However, sales decreased to $44,633,542 from $53,069,648 year-over-year. CEO Warren Kruger highlighted operational improvements but noted that sales were impacted by one major customer supplying its own raw materials and delays from others. The company maintains a robust equity position, approximately 40% of total assets. Greystone focuses on manufacturing sustainable 100% recycled plastic pallets.

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Greystone Logist

OTC:GLGI

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29.41M
15.36M
43.72%
10.35%
Specialty Chemicals
Basic Materials
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United States
Tulsa