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Pingtan Marine: 3Q Earnings Snapshot

FUZHOU, China (AP) _ Pingtan Marine Enterprise Ltd. (PME) on Thursday reported third-quarter profit of $12.6 million.

On a per-share basis, the Fuzhou, China-based company said it had net income of 16 cents.

The ocean fishing company posted revenue of $14.7 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $2.57. A year ago, they were trading at $2.87.

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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