PICIC Growth Fund announced unaudited earnings results for the second quarter and first six months ended December 31, 2014. For the six months, the company announced total income of PKR 491,700,000 compared to PKR 1,154,449,000 for the same period a year ago. Net loss from operating activities was PKR 5,705,000 compared to PKR 19,529,000 for the same period a year ago. Net loss before taxation was PKR 279,531,000 compared to PKR 956,912,000 for the same period a year ago. Net loss for the period after taxation was PKR 279,531,000 compared to PKR 956,912,000 for the same period a year ago. Net loss per share with and without un-realized appreciation on re-measurement of investments classified as financial assets 'at fair value through profit or loss' was PKR 0.99 and PKR 0.31 respectively compared to PKR 3.38 and PKR 2.33 respectively for the same period a year ago.

For the quarter, the company announced total income of PKR 654,722,000 compared to PKR 731,213,000 for the same period a year ago. Net loss from operating activities was PKR 5,705,000 compared to PKR 12,891,000 for the same period a year ago. Net loss before taxation was PKR 542,237,000 compared to PKR 631,657,000 for the same period a year ago. Net loss for the period after taxation was PKR 542,237,000 compared to PKR 631,657,000 for the same period a year ago. Net loss per share with and without un-realized appreciation on re-measurement of investments classified as financial assets 'at fair value through profit or loss' was PKR 1.90 and PKR 0.47 respectively compared to PKR 2.23 and PKR 0.85 respectively for the same period a year ago.