Pingtan Marine Enterprise (PME) Reports Q4 Loss of $0.12
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Pingtan Marine Enterprise Reports Financial Results For The Fourth Quarter And Year-Ended December 31, 2015
March 9, 2016 4:05 PM ESTFUZHOU, China, March 9, 2016 /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, 2015.
Factors Affecting Pingtan's Results of Operation
As previously disclosed in Form 10-K and 10-Q the Company filed in 2015, the Indonesian government introduced a six-month moratorium on issuing new fishing licenses and renewals so that the country's Ministry of Maritime Affairs and Fisheries ("MMAF") could monitor the... More
