Pingtan Marine: 3Q Earnings Snapshot

November 8, 2019 GMT

FUZHOU, China (AP) _ Pingtan Marine Enterprise Ltd. (PME) on Friday reported third-quarter net income of $4 million.

The Fuzhou, China-based company said it had net income of 5 cents per share.

The ocean fishing company posted revenue of $11.2 million in the period.

In the final minutes of trading on Friday, the company’s shares hit $2.08. A year ago, they were trading at $2.57.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PME at https://www.zacks.com/ap/PME