IT Tech Packaging Clocks 39% Revenue Growth In Q4
IT Tech Packaging Inc (NYSE:ITP) reported fourth-quarter FY21 sales growth of 38.7% year-on-year, to $45.1 million versus $32.48 million last year. The revenue increase was primarily driven by the higher sales volume of Corrugating Medium Paper (CMP) products. The gross profit jumped by 481.8% Y/Y to $4.34 million, and the gross margin expanded…
Benzinga ·