BAODING, China, Dec. 9, 2010 /PRNewswire-Asia-FirstCall/ -- Orient Paper, Inc. ("Orient Paper" or the "Company"), a leading manufacturer and distributor of diversified paper products in Hebei, China, today provided its outlook for fiscal year 2011. For fiscal year 2011, the Company expects revenues of between $186 million and $206 million, gross profit of between $36 million and $40 million, net income of between $24 million and $27 million, and basic and diluted earnings per share of between $1.33 and $1.46. As previously announced, for the fourth quarter of 2010, the Company expects revenues of approximately $33 million and adjusted net income of at least $5 million, which excludes certain legal and other professional expenses that are expected to be non-recurring. |