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Management Side
IT Tech Packaging, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

BAODING, China (News release) -- IT Tech Packaging, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 26.25 million compared to USD 30.02 million a year ago. Net loss was USD 0.077747 million compared to USD 1.25 million a year ago. Basic loss per share from continuing operations was USD 0.008 compared to USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.008 compared to USD 0.12 a year ago.

For the six months, sales was USD 33.11 million compared to USD 49.81 million a year ago. Net loss was USD 3.82 million compared to USD 3.99 million a year ago. Basic loss per share from continuing operations was USD 0.38 compared to USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 0.38 compared to USD 0.4 a year ago.

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