Orient Paper (ONP) Reports Q4 EPS of $0.14

Go back to Orient Paper (ONP) Reports Q4 EPS of $0.14

Orient Paper, Inc. Announces Fourth Quarter and Fiscal Year 2016 Financial Results

March 22, 2017 4:30 PM EDT

Earnings Conference Call Is Scheduled for Thursday, March 23, 2017, 8:00 am ET

BAODING, China, March 22, 2017 /PRNewswire/ -- Orient Paper, Inc. (NYSE MKT: ONP) ("Orient Paper" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its audited financial results for the fourth quarter and fiscal year ended December 31, 2016.

"Our revenues were essentially flat and profits were down in 2016. Total revenues were $134.7 million, down a bit from 2015, as a result of a 4.3% year-over-year decrease in blended average selling prices ("ASP") that was... More