Intertape Polymer Group (ITP) Reports Q3 Loss of $0.07

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IT Tech Packaging, Inc. Announces Third Quarter 2018 Financial Results

November 8, 2018 4:30 PM EST

Company to Host Earnings Conference Call on Friday, November 9, 2018, at 8:00 am ET

BAODING, China, Nov. 8, 2018 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its unaudited financial results for the third quarter ended September 30, 2018.

Revenue for the third quarter of 2018 decreased by 20.2% to $26.72 million, primarily attributable to a decrease in overall sales volume of 23.8% and partially offset by an increase in average selling prices... More