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Pingtan Marine Enterprise Ltd.$3.53($.22)(5.87%)

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Income Statement for Pingtan Marine Enterprise Ltd.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $63.21 $20.54 $60.70
Cost of Goods Sold $41.13 $29.33 $63.48
Gross Profit $22.08 ($8.79) ($2.78)
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $10.81 $5.20 $4.79
Income Before Depreciation $11.27 ($13.99) ($7.57)
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $23.65 $1.29 $30.76
Interest Expense $2.40 $1.97 $3.63
Pretax Income $32.52 ($14.68) $19.56
       
Provision for Income Taxes $0.00 $0.00 $0.00
Minority Interest $2.86 ($0.96) $1.21
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $32.52 ($14.68) $19.56
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $29.66 ($13.72) $18.35
       
Basic Earnings Per Share $0.38 ($0.17) $0.23
Diluted Earnings Per Share $0.38 ($0.17) $0.23
       
Weighted Average Basic Shares Outstanding 79.06 79.06 79.06
Weighted Average Diluted Shares Outstanding 79.06 79.06 79.06
       
Income Before Non-Recurring Items $29.66 ($15.47) $18.35
Income From Non-Recurring Items $0.00 $0.00 $0.00
Diluted Earnings Per Share before extras $0.38 ($0.20) $0.23
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $3.16 $3.16 $2.37
Dividend Per Share (common) $0.04 $0.04 $0.03




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