PICIC Growth Fund announces unaudited earnings results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported income of PKR 281,514,000 against PKR loss of PKR 392,641,000 a year ago. Net income from operating activities was PKR 225,278,000 against net loss from operating activities of PKR 439,884,000 a year ago. Net profit for the period before tax was PKR 220,772,000 against net loss for the period before tax of PKR 439,568,000 a year ago. Total comprehensive income for the period was PKR 424,095,000 against total comprehensive loss for the period of PKR 743,275,000 a year ago. Earnings per certificate were PKR 0.78 against loss per certificate of PKR 1.55 a year ago.

For the six moths, the company reported income of PKR 720,929,000 against PKR loss of PKR 325,499,000 a year ago. Net income from operating activities was PKR 606,296,000 against net loss from operating activities of PKR 424,078,000 a year ago. Net profit for the period before tax was PKR 594,170,000 against net loss for the period before tax of PKR 424,078,000 a year ago. Total comprehensive income for the period was PKR 1,079,491,000 against total comprehensive loss for the period of PKR 827,074,000 a year ago. Earnings per certificate were PKR 2.10 against loss per certificate of PKR 1.50 a year ago.