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.