PINGTAN MARINE ENTERPRISE REPORTS UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2022
FUZHOU, China, Oct. 26, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (NASDAQ:PME) ("Pingtan," "we" or the "Company"), a fishing company based in the People's Republic of China (PRC), today announced the unaudited financial results for the six months ended June 30, 2022.
First Half 2022 Financial Highlights (Year-on-Year Comparisons)
Revenue was $72.2 million, representing a year-on-year increase of 10.8%.Gross profit was $13.5 million, as compared to gross loss $1.2million in the first half of 2021.Net loss was $8.6 million, as compared to $12.6 million in the first half of 2021.Net loss attributable to owners of the Company was $8.0 million, or $(0.09) per basic and diluted share, as