Orient Paper Inc. Announces Second Quarter 2012 Results: Orient Paper, Inc. a leading manufacturer and distributor of diversified paper products in northern China, today announced financial results for the second quarter ended June 30, 2012.
Highlights: Revenue declined 14.5% year-over-year to $35.5 million
Gross profit was $5.8 million with gross margin of 16.3%
Operating income declined 37.0% year-over-year to $5.0 million
Net income was $3.6 million, or $0.20 per fully diluted share
