Pingtan Marine Enterprise (PME) Reports Q4 EPS of $0.42
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Pingtan Marine Enterprise Reports Financial Results For The Fourth Quarter And Year-ended December 31, 2014
March 10, 2015 4:05 PM EDTFUZHOU, China, March 10, 2015 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME) ("Pingtan," or the "Company"), a global fishing company based in the People's Republic of China (PRC), today announced financial results for its fourth quarter and year-ended December 31, 2014.
2014 Financial Highlights (all results are compared to  prior year):
Revenue from continuing operations (the "fishing business") increased 90.2% to $233.4 million from $122.7 million, largely as a result of an increase in sales volume and unit selling price. Gross profit increased 62.7% to $77.6 million... More