{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-065639","form_type":"8-K","ticker":"ITP","cik":"0001358190","company_name":"IT TECH PACKAGING, INC.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.696124+00:00","generated_at":"2026-06-11T16:52:05.773598+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"IT Tech Packaging Q2 net loss widens to $1.25M; revenue down 5.6% YoY","bullets":["Q2 2023 revenue $30.02M, down 5.56% YoY; net loss $1.25M vs $0.29M loss in Q2 2022; EPS -$0.12.","H1 2023 net loss $3.99M vs $2.78M loss in H1 2022; revenue $49.81M up 5.37% YoY.","Regular CMP ASP fell to $365/tonne in Q2 from $479/tonne a year ago; total CMP volume increased.","Gross profit improved to $1.18M (3.93% margin) from $0.63M (1.99%) in Q2 2022, but net loss worsened.","Management expects profitability recovery in H2 2023 via asset utilization and new market channels."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-065639","json":"https://secwatch.observer/filing/0001213900-23-065639.json","markdown":"https://secwatch.observer/filing/0001213900-23-065639.md","text":"https://secwatch.observer/filing/0001213900-23-065639.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1358190/000121390023065639/0001213900-23-065639-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1358190/000121390023065639/ea183266-8k_ittechpack.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T16:52:05.773598+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"61590d9cb1ef0431a9639e661106d4875d97c381","claim":"IT TECH PACKAGING, INC. reported the six and three months ended June 30, 2023 results: revenue approximately $30.02 million, net income approximately $1.25million, EPS loss per share of $0.12.","evidence_excerpt":"-0.12 -0.03 -300 % * Products from PM6 ** Products from PM1 *** Products from PM8 and PM9 **** pp represents percentage points ● Revenue decreased by 5.56% to approximately $30.02 million, mainly due to the decrease of average selling prices of corrugating medium paper (“CMP”), partially offset by the increase in sales volume of CMP and offset printing paper. ●","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1358190/000121390023065639/0001213900-23-065639-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six and three months ended June 30, 2023"},{"label":"Revenue","value":"approximately $30.02 million"},{"label":"Net income","value":"approximately $1.25million"},{"label":"EPS","value":"loss per share of $0.12"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}