13:49:50 EDT Sun 01 Oct 2023
Enter Symbol
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Symbol GBLT
Shares Issued 113,328,091
Close 2022-11-08 C$ 0.095
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GBLT receives $1.1-million order from EU int'l retailer

2022-11-08 10:50 ET - News Release

Dr. Thilo Senst reports


GBLT Corp. is continuing to receive orders for its Dr. Senst personal health care product line from major European retailers. This current order amounts to 825,223 euros (approximately $1.1-million) for the 2023 pipeline. This order is in addition to an already received order of 809,162 euros ($1.09-million) from earlier this year, making the cumulative amount 1,644,385 euros (approximately $2.2-million) to be delivered to the client starting January, 2023.

"We continue to significantly increase our shelf presence in this international retailer, as our Dr. Senst brand within the health care consumer market continues to be trusted and demanded by consumers," said Dr. Thilo Senst, chief executive officer of GBLT. "Despite the economic volatility in Europe and the world today, GBLT products are continuing to experience an abundance of demand due to its quality and price advantage over other competitor products. The international retailer remains a stable source of sticky, high-margin income which has been an important source of our growth over the past few years. We continue to expand our business product lines and will continue to meet the increase demand for our Dr. Senst personal health care products to continue driving significant growth in our sales and profitability for this year and next."

About GBLT Corp.

GBLT, through its operating company, GBT GmbH, designs, manufactures and supplies mobile storage and battery solutions. GBLT is also a leading provider of renewable energy solutions via its solar division, participating in the rapidly growing solar energy market. In addition, the company offers consumer health care and wellness products to some of the largest retail chains across the globe. GBT is also an official licensee for Agfaphoto mobile energy products. The company's branded health care and well-being products are primarily sold throughout Europe under the Dr. Senst brand.

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