Key Developments: Orient Paper Inc (ONP)

ONP on American Stock Exchange

1.85USD
31 Mar 2015
Change (% chg)

$0.07 (+3.93%)
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Latest Key Developments (Source: Significant Developments)

Orient Paper Inc withdraws FY 2014 guidance - Conference Call
Friday, 14 Nov 2014 08:30am EST 

Orient Paper Inc:Says due to the uncertainty in current market conditions and the loss in production it is withdrawing FY 2014 guidance at this time, and intend to resume offering guidance once it has better visibility and are able to offer an accurate and effective guidance.  Full Article

Orient Paper Inc announces transition of chief financial officer
Monday, 3 Nov 2014 08:00am EST 

Orient Paper Inc:Says Winston Yen, has resigned from his position as its chief financial officer for personal reasons, effective Nov. 1.Says Yen will continue serving the company as a consultant to assist in the transition to a new chief financial officer.Says board has appointed Jing Hao, the chief financial officer of its operating entity, Hebei Baoding Orient Paper Milling Company Limited, as its chief financial officer.  Full Article

Orient Paper Inc announces $2.5 mln registered direct offering
Wednesday, 27 Aug 2014 07:46pm EDT 

Orient Paper Inc:Announced that it has entered into definitive agreement with an institutional investor for registered direct placement of $2,500,000 of shares of common stock at a price of $1.60 per share.Offering is expected to close on or about Sept. 3.Says H.C. Wainwright & Co., LLC, acted as exclusive placement agent in connection with this offering.  Full Article

Orient Paper Inc maintains FY 2014 guidance
Wednesday, 13 Aug 2014 05:00pm EDT 

Orient Paper Inc:Maintains guidance for FY 2014, with revenue ranging between $146 and $161 million.FY 2014 gross profit ranging between $27 and $30 million.FY 2014 net income ranging between $15 and $17 million.FY 2014 basic and diluted earnings per share between $0.81 and $0.90.  Full Article

Orient Paper Inc maintains FY 2014 guidance
Thursday, 15 May 2014 08:00am EDT 

Orient Paper Inc:Maintains guidance for FY 2014, with revenue ranging between $146 mln and $161 mln, net income to be between $15 mln and $17 mln, and basic and diluted earnings per share (EPS) between $0.81and $0.90.  Full Article

Orient Paper Inc gives FY 2014 guidance
Tuesday, 25 Mar 2014 08:30am EDT 

Orient Paper Inc:Expects FY 2014 revenues to be in the range of between $146 million and $161 million.Expects FY 2014 net income to be between $15million and $17million.Expects FY 2014 diluted earnings per share to be between $0.81 and $0.90.  Full Article

Orient Paper Inc Raises FY 2013 Guidance
Tuesday, 12 Nov 2013 05:10pm EST 

Orient Paper Inc announced that for fiscal 2013, it expects revenues to be in the range of between $120 million and $132 million, gross profit to be between $21 million and $23 million, net income to be between $11 million and $13 million, and basic and diluted earnings per share (EPS) to be between $0.64 and $0.71.  Full Article

Orient Paper Inc Declares Dividend
Tuesday, 12 Nov 2013 05:10pm EST 

Orient Paper Inc announced that the Board of Directors has approved the payment of a quarterly dividend of $0.005 per share, with the record date on November 29, 2013. The dividend is expected to be paid on December 16, 2013.  Full Article

Orient Paper Inc Reaffirms FY 2013 Guidance
Monday, 12 Aug 2013 08:30am EDT 

Orient Paper Inc reaffirmed fiscal 2013, it expects revenues to be in the range of between $117 million and $129 million, net income to be between $9 million and $10 million, and basic and diluted earnings per share (EPS) to be between $0.51 and $0.56.  Full Article

Orient Paper Inc Approves Sale Of Headquarters Compound
Monday, 12 Aug 2013 08:00am EDT 

Orient Paper Inc announced that Board of Directors has approved the sale of the land use rights of headquarters compound, the office building and all industrial-use buildings (the Industrial Buildings) and three employee dormitories (the Dormitories) located on Juli Road in Xushui County, Hebei Province, to Hebei Fangsheng Real Estate Development Co. Ltd. (Hebei Fangsheng) for approximately $8.23 million in cash. The sale of these assets by the Company to Hebei Fangsheng is referred to herein as the Transaction. According to the terms of the agreement covering the sale of the Dormitories, Hebei Fangsheng will sell all 132 units to current or future qualified employees of the Company at acquisition price, which is the Company's construction original cost of approximately $4.29 million.  Full Article

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