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.
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