Pingtan Marine Enterprise Expects Q4 Breakeven or Slight Profit After Six Quarters of Losses

Pingtan Marine Enterprise said Tuesday that it anticipates results for Q4 will range from break even to a slight profit per share, ending six consecutive quarters of losses.

The fishing company said Q4 results are still subject to year-end closing procedures, but that the company will release the results in March. Shares for Pingtan Marine Enterprise were last down 3.8% at the market’s close Monday.

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