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Last $1.74 USD
Change Today 0.00 / 0.00%
Volume 13.2K
As of 8:04 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

orient paper inc (ONP) Key Developments

Orient Paper, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Orient Paper, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue $41.3 million compared to $37.8 million a year ago. Net income $5.6 million or $0.28 per share compared to $3.6 million or $0.19 per share a year ago. Income from Operations was $8,649,544 compared to $5,131,708 a year ago. Income before income taxes was $7,567,041 compared to $4,902,614 a year ago. EBITDA was $11.3 million compared to $7.0 million a year ago. For the six months, the company reported revenue of $67,787,486 compared to $63,590,129 a year ago. Income from Operations was $11,929,885 compared to $8,893,628 a year ago. Income before income taxes was $10,478,015 compared to $8,394,639 a year ago. Net Income was $7,696,019 compared to $6,105,402 a year ago. Basic and diluted earnings per share were $0.38 compared to $0.33 a year ago. Net Cash provided by operating activities of $6,423,629 compared to $20,945,081 a year ago. Purchases of property, plant and equipment was $34,135 compared to $25,431 a year ago. EBITDA was $17.4 million compared to $12.8 million a year ago.

Orient Paper, Inc. to Report Q2, 2015 Results on Aug 12, 2015

Orient Paper, Inc. announced that they will report Q2, 2015 results After-Market on Aug 12, 2015

Orient Paper, Inc., Annual General Meeting, Aug 29, 2015

Orient Paper, Inc., Annual General Meeting, Aug 29, 2015., at 10:00 China Standard Time. Location: Beijing Jianyin Hotel No.2, West Station South Road. Agenda: To consider election of two Class I directors to serve on the Board of Directors of the company, with such Class I directors to serve until the 2017 annual meeting of stockholders and until their respective successors have been duly elected and qualified or until his or her earlier resignation, removal or death; to consider ratification of the appointment of BDO China Shu Lun Pan CPAs LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2015; to consider approval of the Orient Paper, Inc. 2015 Omnibus Equity Incentive Plan, pursuant to which the company may issue up to an aggregate of 1,500,000 shares of common stock to directors, officers, employees and/or consultants of the company and its subsidiaries; and to consider such other matters as may properly come before the meeting or any adjournment or adjournments thereof.

Orient Paper, Inc., Q2 2015 Earnings Call, Aug 13, 2015

Orient Paper, Inc., Q2 2015 Earnings Call, Aug 13, 2015

Orient Paper, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Orient Paper, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of $26.5 million against $25.8 million a year ago. Net income was $2.1 million or $0.10 per basic and fully diluted share compared to $2.5 million or $0.14 per basic and fully diluted share a year ago. Net income down 16.0% due to increased SG&A spending related to expansion of tissue paper sales and operations. EBITDA was $6.0 million, up from $5.7 million in the first quarter of 2014. EBITDA is a non-GAAP financial measure. Income from operations was $3.3 million for the first quarter of 2015, down 12.8% from $3.8 million in the same quarter a year ago. Income before income taxes was $2.9 million against $3.5 million a year ago. Net cash used in operating activities was $2 million against net cash provided by operating activities of $7.8 million a year ago. Purchases of property, plant and equipment was $15,972 against $4,703 a year ago. The revenue increase was mainly due to revenue from new Light-Weight CMP product, which was partially offset by the absence of revenue from the digital photo paper due to the production line relocation. Total CMP sales were up year over year.

 

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