---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-071251"
form_type: "8-K"
ticker: "ITP"
cik: "0001358190"
company_name: "IT TECH PACKAGING, INC."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T22:32:19.214820+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IT Tech Packaging Q3 net loss $1.89M; revenue falls 29.7% to $31.71M

## Summary
- Net loss of $1.89M vs net income of $1.54M in Q3 2021; loss per share $0.03.
- Revenue $31.71M, down 29.7% YoY, driven by lower sales of CMP, offset printing paper, and tissue paper.
- Gross profit up 52.8% to $2.78M; gross margin improved to 8.8% from 4.0%.
- EBITDA $2.43M, down 54.4% from $5.32M in prior-year quarter.
- Factory operations constrained by COVID-19 lockdowns in China during the quarter.

## SEC filing metadata
- accession: 0001213900-22-071251
- form_type: 8-K
- ticker: ITP
- cik: 0001358190
- company_name: IT TECH PACKAGING, INC.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1358190/000121390022071251/0001213900-22-071251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1358190/000121390022071251/ea168385-8k_ittechpack.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-071251
- JSON: https://secwatch.observer/filing/0001213900-22-071251.json
- Plain text: https://secwatch.observer/filing/0001213900-22-071251.txt

## Key facts
- Earnings Releases
  IT TECH PACKAGING, INC. reported the three months ended September 30, 2022 results: revenue $31.71 million, net income $1.89 million, EPS loss per share of $0.03.
  - Period: the three months ended September 30, 2022
  - Revenue: $31.71 million
  - Net income: $1.89 million
  - EPS: loss per share of $0.03
  - Result: reported results
  source text: -0.03 0.03 -200.0 % * Products from PM6 ** Products from PM1 *** Products from PM8 and PM9 **** pp represents percentage points · Revenue decreased by 29.7% to approximately $31.71 million, mainly due to the decrease in sales volume of CMP, offset printing paper and tissue paper products. · Gross profit increased by 52.8% to approximately $2.78 million. Total gross
  evidence_url: https://www.sec.gov/Archives/edgar/data/1358190/000121390022071251/0001213900-22-071251-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.