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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.


NYSEAM:ITP - Post by User

IT Tech Packaging Inc > The Roger Dangerfield syndraome
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Comment by Capharnaumon Feb 28, 2020 10:40am
276 Views
Post# 30746693

RE:RE:RE:RE:RE:The Roger Dangerfield syndraome

RE:RE:RE:RE:RE:The Roger Dangerfield syndraome
checkup wrote: Really....ITP has had positive operating profits every quarter for years.  Q3 revenues of 293.6 million US$, cash flow was 61.7 million US $.  They reduced debt by 134 million over the 9 months to the end of Sept/19 with 21 million in the bank.  Very solid company.... period.


Cheap entry point here. Their results should improve in both 2020 and 2021.
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