GLG Life Tech Corporation Doubles Quarterly Earnings Recording $8 Million in Latest Quarter - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - August 14, 2015) - GLG Life Tech Corporation (TSX: GLG) doubled its quarterly earnings in the recent quarter. The company, a global leader in the agricultural and commercial development of high-quality zero-calorie natural sweeteners, recorded $8.0 million in revenue for the 3 months ended June 30, 2015 compared to $4.0 million in the same quarter last year.

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The quarter's 100% year-over-year revenue growth reflects the company's successful execution of its growth strategy, with international sales up 228%, making up 85% of its overall second quarter sales. The increase in international sales helped the company improve its gross profit margin from 9% in the second quarter 2014 to 11% for the second quarter 2015, with gross profit of $900,000 in the second quarter of 2015 compared to $400,000 in the second quarter of 2014.

The company has developed a sustainable vertically integrated supply chain for both stevia and monk fruit, and holds multiple patents in agriculture & processing, and has the world's largest processing capacity for stevia and monk fruit natural sweeteners. Producing monk fruit products is a natural extension of GLG's core stevia product line; these product lines are each naturally sourced sweetener ingredients and monk fruit is often used in tandem with stevia.

To meet the varied needs of the food and beverage industry, the company launched its Naturals+ product line, enabling it to supply a host of complementary ingredients reliably sourced through its supplier network in China. The company's vertically integrated operations, which incorporate their Fairness to Farmers program, emphasizes sustainability throughout, and covers each step in the stevia and monk fruit supply chains including non-GMO seed and seedling breeding, natural propagation and proprietary extraction and refining.

The company is led by Dr. Luke Zhang, Chairman & CEO, who's vision is to bring healthier, natural, zero-calorie sweeteners to the world. As a clinical practitioner treating chronic diseases such as diabetes and heart disease, he came to believe that diet had a significant influence on both the spread and treatment of these chronic diseases, and that a diet rich in sugary foods has proven to be linked to these diseases. As a concerned Canadian citizen in the 1990s, Dr. Zhang began studying the stevia plant and its potential as a zero-calorie natural sweetener that could be used to promote his vision for a healthier society.

In January 2015, the company unveiled its new corporate brand and logo, in addition to the launch of its new website.

The shares are trading at $0.32, and with 37.9 million shares outstanding, the company is capitalized at $12.1 million. For more information, please visit the company's website www.glglifetech.com or contact Simon Springett, Investor Relations at 604-669-2602 ext 101 or email ir@glglifetech.com.

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