PICIC Growth Fund reported unaudited earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported net income from operating activities of PKR 287,589, net income before and after taxation of PKR 281,788,000 on income of PKR 1,653,018,000 compared to net income from operating activities of PKR 410,494,000, net income before and after taxation of PKR 402,284,000 on income of PKR 504,365,000 reported a year ago. Earnings per certificate with unrealized appreciation on re-measurement of investments classified as financial assets at ‘fair value through profit or loss'-net were PKR 0.99 compared to PKR 1.48 reported a year ago. Earnings per certificate without unrealized appreciation on re-measurement of investments classified as financial assets at ‘fair value through profit or loss'-net were PKR 1.51 compared to PKR 1.48 reported a year ago.

For the nine months, the company reported net income from operating activities of PKR 1,263,980,000, net income before and after taxation of PKR 1,238,700,000 on income of PKR 2,792,675,000 compared to net income from operating activities of PKR 1,016,796,000, net income before and after taxation of PKR 996,454,000 on income of PKR 1,583,856,000 reported a year ago. Earnings per certificate with unrealized appreciation on re-measurement of investments classified as financial assets at ‘fair value through profit or loss'-net were PKR 4.37 compared to PKR 3.51 reported a year ago. Earnings per certificate without unrealized appreciation on re-measurement of investments classified as financial assets at ‘fair value through profit or loss'-net were PKR 3.84 compared to PKR 2.79 reported a year ago.