Greystone Logistics Inc. Reports 53% Decline in Net Income to $2.35M for FY 2025; EPS Falls to $0.07
Greystone Logistics Inc. has released its annual financial results for the fiscal year ending May 31, 2025. The company reported a net income of $2.35 million, a decrease from the $5.03 million recorded in fiscal year 2024. This represents a decline of $2.68 million year-over-year. Net income attributable to common stockholders was reported at $1.92 million, or $0.07 per share, down from $4.44 million, or $0.16 per share, in the previous fiscal year. In terms of business updates, the company has retired all preferred stock as of May 31, 2025, eliminating future preferred dividend payments. The report did not specify any forward outlook or guidance for the upcoming periods.
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