Orient Paper (ONP -11.2%) slides after announcing preliminary unaudited financial results for Q4...

|About: Orient Paper Inc. (ONP)|By:, SA News Editor

Orient Paper (ONP -11.2%) slides after announcing preliminary unaudited financial results for Q4 and FY13. In Q4, its EPS came in at $0.11, a 62% decline Y/Y, on revenue of $43.5M. Full-year revenue was $151.1M, an increase of 0.3% compared to the previous year. The company released its preliminary results prior to the filing of its 10K because it has entered into negotiations for a potential sale of the land and buildings of its headquarters compound.