Pingtan Marine Enterprise (PME) Reports Q3 EPS of $0.05

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Go back to Pingtan Marine Enterprise (PME) Reports Q3 EPS of $0.05

Pingtan Marine Enterprise Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2019

November 8, 2019 4:06 PM EST

FUZHOU, China, Nov. 8, 2019 /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 its unaudited financial results for the third quarter and nine months ended September 30, 2019.

Third Quarter 2019 Financial Highlights

Revenue was $11.2 million. Gross profit was $3.6 million. Net income was $4.4 million. Net income attributable to owners of the Company was $4.0 million, or $0.05 per basic and diluted share.

Management... More