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Income Statement
IT TECH PACKAGING, INC. (ITP)
source: myfinsight.com
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Total comprehensive
loss
-$1,522,534
(-82.58%↓ Y/Y)
Foreign currency
translation adjustment
$429,292
(156.77%↑ Y/Y)
Net loss
-$1,951,826
(-2410.48%↓ Y/Y)
(loss) income before
income taxes
-$1,904,998
(-661.91%↓ Y/Y)
Income tax expenses
$46,828
(-88.76%↓ Y/Y)
Gain on derivative
liability
$795
Interest income
$1,208
Revenues
$24,794,641
(-5.54%↓ Y/Y)
Interest expense
$143,971
(loss) income from
operations
-$1,763,030
(-421.87%↓ Y/Y)
Gross profit
$1,273,745
(-60.99%↓ Y/Y)
Cost of sales
$23,520,896
(2.33%↑ Y/Y)
Selling, general and
administrative expenses
$3,036,775
(11.75%↑ Y/Y)
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