Thanks, Tony, for and thanks, being on call. the everyone,
products. on to Next, XXXX. make to occasionally clear key I for am behalf which products specific summarize with quarter will I management production will referring results third to. of team, lines of refer I the some I Also financial associated the various will
and call our For reference slide in though, the earnings press XX lines release on provided is earnings presentation. system numbering its production for our
financial of quarter look to let's turn Please number third our Now at XXXX. performance slide for X. the
third to the offset a products XX.X% volumes selling revenue to XXXX, million by across total decrease average to and decreased $XX.X our partly in sales prices. due in of quarter blended For partially increase
X. slide to Turning
by $XXX for to of XX,XXX CMP. price, of or selling light-weight representing XX,XXX for XX.X% CMP to third XXXX, revenue revenue light-weight which million was tonnes $XXX Revenue of by revenues. quarter Average CMP XX.X%to for million increased regular CMP ASP, XX,XXX tonnes, $XX.X tonne, our CMP. light-weight CMP the of million, while regular the tonne. was total of light-weight products was was For both XX.X% decreased tonnes XX.X% $X segment CMP generated to from CMP CMP from segment, and $XX.X including and per regular ASP and regular increased CMP
Turning to slide X.
last $XXX per offset increased period offset by XXXX, We representing of X.X% the third for million, the For printing revenue. the quarter, of our decreased year. third total revenue paper paper in tonnes XX.X% $X.X ASP slightly to printing X,XXX XX.X% quarter tonne. segment the to shipped printing paper offset same generated of of from
Turning slide to XX.
paper from million, year. tissue third had photo ASP compared last XXXX, tonnes of down of production XX.X% the from XXXX, tonne, per year. the X,XXX tonnes digital revenue tonne third at suspended segment generated same $X.XX September the sales sales than market from for year. the digital our per period to medical was X.X% the due no of the of the to last which period period last the low XXXX, paper in for higher of XX.X% XXX photo same of $X,XXX now $X.X an was are In resulting products during year. paper to upgrading demand same We third of quarter period here more to the paper paper XX in For line tissue and photographic quarter, shipped digital produce quarter production ASP products ultrasound last photo printing, and competitive we decreased from same We studios.
in summarizes trial and We expected to revenue line production production the Slide the near our of mix. changes the the complete future. commence in number upgrade XX
XXXX, same by decreased total to margin $X.X last million of year. gross million, last quarter and overall third cost $X.X increased total points X for the from $XX.X the gross the of sales of of XX.X% million year, period from For profit percentage million $X.X to leading by
increased third expenses SG&A X.X% million. slightly of quarter $X.X For XXXX, the by to
quarter last For operations compared the million Operating XX.X% XXXX, $X.X were year. period margin same for compared same from was the third of X.X% million last of of income the at $X.X year. to to period for
or and year. same to was net net of $X.XX income $X $X.XX and the last the million $X.X per basic period for per For or quarter share share. compared basic diluted diluted of million income This XXXX, of third
million For year. last same EBITDA period million the XXXX, $X.X of third of from million $X.X the decreased for quarter by $X to
shift to financial Now results. gear year-to-date
volume decreased and nine total month production selling September $XX.X decreased restrictions to nine our first across the categories The on in all Chinese remained XX, place For exactly XXXX, sales the XXXX. average ending XX.X% offset by by months government revenue price. by in increase to during volumes million, in products partially blended the
For XX.X% XX.X% $XXX ASP by increased $XX.X regular for and tonnes to CMP. the Volume CMP XX.X% tonne, which tonnes light-weight from of light-weight per while light-weight ASP products CMP of $XX.X and of including for total million $XX.X revenue. CMP. to regular ending XXX,XXX the million CMP was CMP tonnes, nine revenue regular increased CMP XX.X% both $XXX was was representing XXXX, segment the revenue regular by from September per generated light-weight CMP tonne. million, of by months XXX,XXX to was XX,XXX for our also XX, CMP segment decreased and CMP
revenue printing printing XX.X% shipped tonne. from generated tonnes representing for last by nine total We XX,XXX the our decreased the period the XX, million, revenue. slightly For XX.X% nine to segment the September paper of printing offset months of XXXX, XXXX, offset ending offset X.X% per $XX.X of $XXX XX, for months paper same ASP to paper September ending year. increased
XXXX XXX tonne nine September XXXX, at We the year. last million, was tissue for sales ending period was year. same $X,XXX generated million, paper from X,XXX to compared decreased tonnes XX, last tissue compared period the in photo For XX.X% nine first in X,XXX no of for tonne an period million tonnes ASP of digital $X.X the tonne paper per paper from resulting segment ASP $X,XXX at year. of ASP sales $X,XXX the of per Volume or last of months same from had of to of and same tonnes revenue $X.X an months the $X.X
months XX, increased overall gross profit $XX.X of from last by cost total September million, XX% points the decreased X.X of sales and X.X% last ending decreased For gross year. year, margin $XX.X to from to leading nine total million, by percentage XXXX, by million $XX.X of
expenses for to was the period nine months compared XXXX, last the year. For same million XX, SG&A of ended September $X.X $X.X million
September ended to XXXX, of XX, X.X% operations the months X% XX.X% period $X.X same income nine from for compared by Operating the million. year. to For was margin decreased last
$X.XX income the or same of months ended and diluted to For income compared basic year. net and last $X.X $X.X basic of XXXX, XX, the September for share share, million, diluted or million period net was $X.XX nine per
$XX.X For June by same year. million period from XXXX, the $X.X million to EBITDA of decreased the last months for XX, $XX.X nine ended million
and Moving to XX XX. slide
Let's liquidity. and balance look the at sheet the
$X.X related million obligations respectively, million million Net million, at As payable $X.X including cash the end cash $X loan of long-term and the million, XX, and net $XX.X at including September capital of and September and million, inventory respectively $X.X million, compared was $X.X in of to short-term million million, of $XX.X the $X.X end XXXX. million receivable and million, as equivalents, $X.X XXXX, party accounts was respectively, to compared million, and $XX.X had XXXX. $X.X lease $X.X related company $X.X the party million XXXX, of loans $X.X million, debt, not XX, debt
September year. last at of first the same million of net for $X.X XXXX, provided activities cash million net financing year. cash of million investing operating for $X.X for the XX, XXXX. same XXXX, financing of activities compared first was period cash $X to the $X.X in of last used the for activities used of operating Net same compared As to the Net by period used $X.X $X.X net months million of was cash cash million for deficit by end activities compared $X.X to the nine to million, working months had compared of in year. $XX.X Company capital used for XXXX, of of the was a prior the million Net activities nine million nine period the in months of XXXX,
any possible. Operator, please us questions respond e-mail you contact your If Management as questions, through through go ir@orientpaperinc.com. ahead. will to as have email please at soon
