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中国

BRIEF-Orchids Paper reports quarterly loss, suspends dividend

May 1 Orchids Paper Products Co

* Announces 2017 first quarter results and suspends quarterly dividend to preserve financial flexibility

* Q1 loss per share $0.08

* Sees step-change improvements in earnings and cash flow in third and fourth quarters

* Says to suspend quarterly dividend to preserve financial flexibility and ensure capital is allocated to further success of business

* Q2 new volume $15 million to $20 million of ebitda and to run rate of $50 million to $60 million of ebitda when new capacity is sold out Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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