everyone. Today and and discuss operation morning Pingtan Marine's nine Good Katherine. I Thanks, XXXX will welcome and results. third financial quarter months
Pingtan's disclosed that so the that governments, and Indonesian concluded. could fishing moratorium initial still affected results the XXXX, announced of and we November [indiscernible] combat fishing our financial and was As by country's Affairs In Marinetime previously order. rectify government illegal ocean the renewables Fisheries had Ministry the
the [ph] and deployed renewal government not company Two located paying start. The The in these in the during Democratic received of made licensing was international international The we vessels has fishing been Indo-Pacific to when disputes to license in As in located exactly were Timor-Leste. policy new waters and in Republic [indiscernible] statements The located has Indo-Pacific October in waters allegations. September not new nine any docked simultaneously operation fishing waters. process the of attention vessels Fisheries XX above. are remaining inquiring the XX XXX company's vessels the policies has and are and the and Agriculture suspended are and the close licensing vessels XXXX licenses discussed actively due Indonesia. The renovation fishing XXXX, that the false vessels the In not renewable company finished know and in India, process our of do registered in Bay Bengal and the the new operating important temporarily trends port fishing vessel implemented will are Ministry waters. XX the to will was be company that informed was of to models. deployed were
to like would to results. financial I Now move
third our $X.X fishing from for mainly period revenue increase same third kg attributable quarter XXXX resulting increased its XXXX. months of XXXX. as kg our XXX% from in the of volume September reports in Pingtan the three $X.X The X.XX ended was expansion million vessels million the the were XX, million sales operation. XXXX business from in to X.XX our quarter million For increased in XXX%
three increased in the of XX, harvest the September cost fish million XXX% our the The the XXXX year the increase the volume $XX.X in margin For quarter in was from gross of months $X.X fishing for period. by The minus our loss ended attributable same significant in third decrease prior to vessels more from deploying XXXX unit was resulting gross prior to loss XX% production year. period primarily minus operation. gross compared of into million in increase to
selling expense mainly expenses. including insurance, Our other fees shipping fees, related charges, and storage handling and custom
Our sales services distribute market staff products. activities sales selling aggressively are conducted our and our our have products strong internal demand do and of through for not direct the we because
selling As a as has small percentage revenue. been a result our relatively expenses of
were the in the quarter to million expenses million prior $X.X $X.X compared For XXXX third period. selling year
ended and million the $X third $X general $X.X compared diluted for company or of and year basic $XX.X net administrative per expenses the quarter and $X.XX September period. the the prior year or to For million of million XXX.X% per XXXX share reported increased million net the from share attributable $X.XX XXXX of owners our prior three company owners in were of of minus income to loss the months diluted to in XX, basic attributable period. Pingtan
basic of attributable increased For months in the attributable was owners XXXX period net nine of same $XX.X same company increased revenues for nine XXX% and million share the XXXX. months from million loss XXXX Net company million diluted from period of the XXXX. Pingtan's the the per $X.XX the in ended were owners diluted to of to income XXX.X% September and share $X.XX million $X.X XX, $XX.X or $XX.X of in basic per minus
and remain $XX.X million and balance fishing and term million, XXXX. compared the policies September million, of shareholder's long XXXX the XX, million customers further of processing avail China. were e-commerce Total cash in total the continue investigation XX, focused distribution and in production $X.X of to to assets our retail vessels Timor-Leste. market, expansion and end respectively $XXX.X celebrated further million December product of our reach On by capacity model obligated export and existing $XX.X construction food factory extend of business $XXX.X $XX.X channels the authorities position was accelerating debt directly as hopes To cooperate all sheet Pingtan's was cash across million. to Indonesia to with and business expanding new our territories fishing be of Meanwhile conclude to by increase speed addressing processing [ph] to aspects we to to by customers, million while $XXX.X equity enter $XXX.X our will industry equivalent at categories on were million, implementation to deep the up government we new to sea
