IT Tech Packaging Inc T.ITP

Primary Symbol: ITP

Forest Products Paper & Paper Products

IT Tech Packaging, Inc., formerly Orient Paper, Inc. is a holding company for the Hebei Baoding Orient Paper Milling Company Limited (Orient Paper HB), a producer and distributor of paper products in China. The Company is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products. The Company, through Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde), is engaged in production and distribution of digital photo paper. The Company operates through two segments: Orient Paper HB, which produces printing paper and CMP, and Orient Paper Shengde, which produces digital photo paper. CMP is used in the manufacturing of cardboard. The Company has over two corrugating medium paper production lines, including PM6 and PM1. The Company also produces finished tissue paper products that are marketed and sold under the Orient Paper brand.

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IT Tech Packaging Inc > The Roger Dangerfield syndraome

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Comment by mjh9413on Jan 17, 2020 2:13am

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Post# 30563772

RE:RE:RE:The Roger Dangerfield syndraome

Don't believe it is matter of 'respect' but the real uncertainties related to ITP operations because of changeable influences of weather, macro events on a global basis, and so on, plus the level of debt and interest costs that the company has piled on over 5/6 years. There is reference to emphasis on reducing debt going forward but, altogether, there is lingering uncertainty on what might influence results in any quarter. Finally financial performance 2018 thru to 2020 estimates is just not that dynamic.

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