Scotiabank downgraded Intertape Polymer Group from Sector Outperform to Sector Perform

RBC Capital reiterated coverage of Intertape Polymer Group with a rating of Outperform and set a new price target of $32.00 from $25.00 previously

BAODING, China, Nov. 15, 2024 /PRNewswire/ -- IT Tech Packaging Inc. (NYSE: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 nine and three months ended September 30, 2024. Third Quarter 2024 Unaudited Financial Results For the Three Months Ended September 30,  ($ millions) 2024 2023 % Change  Revenues 25.08 15.77 59.03 %  Regular Corrugating Medium Paper ("CMP")* 20.91 11.95 74.93 %  Light-Weight CMP** 4.13 3.47 19.16 %  Offset Printing Paper - 0.07 -  Tissue Paper Products - 0.26 -   Face Masks - 0.02 -  Gross profit (loss) 1.92 (0.15) 1351.37 %  Gross pr

BAODING, China, Nov. 1, 2024 /PRNewswire/ -- IT Tech Packaging Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced the results of the Company's 2024 Annual General Meeting of Stockholders (the "Annual Meeting") held at the Company's production base in Wei County, Hebei Province, China on October 31, 2024 (local time). At the Annual Meeting, IT Tech Packaging's stockholders: Elected three Class II directors (Zhengyong Liu, Fuzeng Liu and Lusha Niu) to serve on the Board of Directors of the Company, with such Class II directors to serve until the 2026 Annual Meeting of Stockholders or unti

 - Every stockholder's vote is important, regardless of the number of shares held  - Every vote counts towards the quorum required to hold the meeting  - Contact Advantage Proxy, Inc. at 1-877-870-8565 or 1-206-870-8565 for Assistance with Voting BAODING, China, Oct. 15, 2024 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP), a leading manufacturer and distributor of diversified paper products in North China, today reminds stockholders that have not yet voted to vote without delay "FOR" the company's proposals as disclosed in the proxy statement at www.sec.gov. The annual meeting will be held on October 31, 2024 at 10:00 a.m. Beijing Time (10 p.m. ET, October 30, 2024) at ITP's pr

BAODING, China, Sept. 9, 2024 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it has filed a definitive proxy statement for its 2024 annual meeting of stockholders and expects to hold its 2024 annual meeting of stockholders on October 31, 2024 (local time) at its production base in Wei County, Hebei Province, China. When:              10:00 a.m. Beijing Time, October 31, 2024 (10:00 p.m. ET, October 30, 2024) Where:            Wei County Production Base, IT Tech Packaging, Inc. Wei County, Hebei Province, China, 054700 As fully discussed in the

BAODING, China, Aug. 12, 2024 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: 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 second quarter ended June 30, 2024. Second Quarter 2024 Unaudited Financial Results For the Three Months Ended June 30,  ($ millions) 2024 2023 % Change  Revenues 26.25 30.02 -12.56 %  Regular Corrugating Medium Paper ("CMP")* 21.98 21.93 0.24 %  Light-Weight CMP** 4.23 4.54 -6.93 %  Offset Printing Paper - 3.16 n/a  Tissue Paper Products - 0.34 n/a   Face Masks - 0.04 n/a  Gross profit (loss) 3.27 1.18 176.75 %  Gross prof

BAODING, China, May 10, 2024 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE: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 first quarter ended March 31, 2024. Mr. Zhenyong Liu commented: "In the first quarter of FY2024, we realized revenue of approximately $6.86 million with a profit of $0.40 million. During the reporting period, domestic packaging paper suffered sluggish demand and prices. In addition, the increase in production capacity of the industry peers, more intense competition from import of finished products and interest rate hikes had posed per

BAODING, China, Sept. 7, 2023 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it has filed a definitive proxy statement for its 2023 annual meeting of stockholders and expects to hold its 2023 annual meeting of stockholders on October 31, 2023 (local time) at its production base in Wei County, Hebei Province, China. When:              10:00 a.m. Beijing Time, October 31, 2023                        (10:00 p.m. ET, October 30, 2023) Where:            Wei County Production Base, IT Tech Packaging, Inc.                        Wei County, Hebei Prov

BAODING, China, Aug. 10, 2023 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE: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 six and three months ended June 30, 2023. Mr. Zhenyong Liu, Chairman and Chief Executive Officer of the Company, commented, "For the first half of 2023, revenue of the Company was $49.81 million, representing an increase of 5.37% from the same period last year, with a gross profit of $0.9 million. For the six months ended June 30, 2023, because of the weak domestic market demand of the paper products, the price of paper products kept

BAODING, China, May 11, 2023 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE: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 first quarter ended March 31, 2023. Mr. Zhenyong Liu, Chairman and Chief Executive Officer of the Company, commented, "In the first quarter of 2023, we had the revenue increased by 27.83% to approximately $19.79 million. As the Chinese government carried out a serious economic stimulus and support policies, this will definitely improve the demand and overall operating environment for paper-making industry. We will seize the chance by t

BAODING, China, March 24, 2023 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE: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 fourth quarter and audited financial results for the fiscal year ended December 31, 2022. Mr. Zhenyong Liu, Chairman and Chief Executive Officer of the Company, commented, "In fiscal year 2022, our business execution was reflected as we generated approximately $100.35 million in revenue and approximately $4.75 million in gross profit. With the domestic business and markets resumption in an orderly manner as the pandemic is gradually

BAODING, China, Nov. 1, 2024 /PRNewswire/ -- IT Tech Packaging Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced the results of the Company's 2024 Annual General Meeting of Stockholders (the "Annual Meeting") held at the Company's production base in Wei County, Hebei Province, China on October 31, 2024 (local time). At the Annual Meeting, IT Tech Packaging's stockholders: Elected three Class II directors (Zhengyong Liu, Fuzeng Liu and Lusha Niu) to serve on the Board of Directors of the Company, with such Class II directors to serve until the 2026 Annual Meeting of Stockholders or unti

BAODING, China, Sept. 9, 2024 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it has filed a definitive proxy statement for its 2024 annual meeting of stockholders and expects to hold its 2024 annual meeting of stockholders on October 31, 2024 (local time) at its production base in Wei County, Hebei Province, China. When:              10:00 a.m. Beijing Time, October 31, 2024 (10:00 p.m. ET, October 30, 2024) Where:            Wei County Production Base, IT Tech Packaging, Inc. Wei County, Hebei Province, China, 054700 As fully discussed in the

BAODING, China, Sept. 7, 2023 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it has filed a definitive proxy statement for its 2023 annual meeting of stockholders and expects to hold its 2023 annual meeting of stockholders on October 31, 2023 (local time) at its production base in Wei County, Hebei Province, China. When:              10:00 a.m. Beijing Time, October 31, 2023                        (10:00 p.m. ET, October 30, 2023) Where:            Wei County Production Base, IT Tech Packaging, Inc.                        Wei County, Hebei Prov

BAODING, China, Nov. 1, 2022 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced the results of the Company's 2022 Annual General Meeting of Stockholders (the "Annual Meeting") held at the Company's production base in Wei County, Hebei Province, China on October 31, 2022 (local time). At the Annual Meeting, IT Tech Packaging's stockholders: Elected three Class II directors (Zhengyong Liu, Fuzeng Liu and Lusha Niu) to serve on the Board of Directors of the Company, with such Class II directors to serve until the 2024 Annual Meeting of Stockhol

BAODING, China, Sept. 7, 2022 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it has filed a definitive proxy statement for its 2022 annual meeting of stockholders and expects to hold its 2022 annual meeting of stockholders on October 31, 2022 (local time) at its production base in Wei County, Hebei Province, China. When:              10:00 a.m. Beijing Time, October 31, 2022                        (10:00 p.m. ET, October 30, 2022) Where:            Wei County Production Base, IT Tech Packaging, Inc.                        Wei County, Hebei Prov

BAODING, China, Nov. 12, 2020 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced the results of the Company's 2021 Annual General Meeting of Stockholders (the "Annual Meeting") held at the Company's production base in Wei County, Hebei Province, China. at 10:00 a.m., Beijing Time, on Friday, November 12, 2021. At the Annual Meeting, IT Tech Packaging's stockholders: Elected two Class I directors (Marco Ku Hon Wai and Wenbing Christopher Wang) to serve on the Board of Directors of the Company, with such Class I directors to serve until the 2023 Annual M

BAODING, China, March 15, 2022 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE: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 fourth quarter and audited financial results for the fiscal year ended December 31, 2021. Mr. Zhenyong Liu, Chairman and Chief Executive Officer of the Company, commented, "We are pleased with our performance for the fiscal year 2021, as we demonstrated excellent revenue growth and improved business efficiencies. In fiscal year 2021, our business execution was reflected as we reached approximately $160.88 million in revenue with an i

BAODING, China, March 8, 2022 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it anticipates to release its financial results for the fourth quarter and fiscal year ended December 31, 2021 before the market opens on Tuesday, March 15, 2022. The Company also plans to file its annual report on Form 10-K for fiscal year ended December 31, 2021 on the same day. The Company will host a conference call to discuss its fourth quarter and fiscal year 2021 financial results. Details for the conference call are as below: Conference Topic: IT Tech Packaging

BAODING, China, Nov. 10, 2021 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE: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, 2021. Third Quarter 2021 Unaudited Financial Results  For the Three Months Ended September 30,  ($ millions) 2020 2021  % Change  Revenues 33.36 45.09 35.2%  Regular Corrugating Medium Paper ("CMP")* 19.55 31.2 59.6%  Light-Weight CMP** 5.08 6.13 20.71%  Offset Printing Paper 6.13 4.80 -21.72%  Tissue Paper Products 2.38 2.81 18.13%   Face Masks 0.22 0.15 -31.2%  Gross profit 2.57 1.82 -29.1

BAODING, China, Nov. 4, 2021 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its unaudited preliminary results for the quarter ended September 30, 2021. The Company anticipates filing its quarterly report on Form 10-Q for the period ended September 30, 2021 with the U.S. Securities and Exchange Commission and releasing its earnings after the market closes on Thursday, November 11, 2021. The Company expects to host a conference call to discuss its third quarter financial results at 8:00 am Eastern Time (5:00 am Pacific Time/ 9:00 pm Beijing Time) on F

BAODING, China, Aug. 10, 2021 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, announced today its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Unaudited Financial Results  For the Three Months Ended June 30,  ($ millions) 2021 2020  % Change  Revenues 46.53 26.36 76.5%  Regular Corrugating Medium Paper ("CMP")* 30.25 17.37 74.1%  Light-Weight CMP** 6.56 4.50 45.7%  Offset Printing Paper 7.18 1.26 469.2%  Tissue Paper Products 2.43 2.38 2.0%   Face Masks 0.11 0.85 -87.1%  Gross profit 3.03 2.56 18.4%  Gross pro

BAODING, China, Aug. 3, 2021 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that the Company anticipates filing its 2021 second quarter report on Form 10-Q with the Securities and Exchange Commission and releasing its earnings before the market opens on Tuesday, August 10, 2021. The Company will host a conference call to discuss its second quarter 2021 financial results at 8:00 am Eastern Time (8:00 PM Beijing/Hong Kong Time) on Wednesday, August 11, 2021. Earnings Conference Call The Company's management will host a conference call to discuss its