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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
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Post by trendstron Nov 07, 2012 9:50am
208 Views
Post# 20571429

earnings up but revenue down

earnings up but revenue down

Earnings increased, which is great.  Of concern going forward is that revenue declined slightly by 1.4%.  Where is the growth to come from to support future earnings increases.  Margins can only be squeezed so much to get every drop of profit.

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Dealroom for high-potential pre-IPO opportunities