Pingtan Marine Enterprise Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was USD 17.307 million compared to USD 18.424 million a year ago. Operating income was USD 10.643 million compared to operating loss of USD 1.446 million a year ago. Net income was USD 7.664 million compared to net loss of USD 1.887 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to basic loss per share from continuing operations of USD 0.02 a year ago.