PM Capital Global Opportunities Fund Limited reported audited earnings results for the year ended June 30, 2016. For the period, the company reported total loss of $60,191,506 compared to total revenue of $77,438,519 a year ago. Loss for the year before income tax was $65,913,475 compared to profit for the year before income tax of $71,505,767 a year ago. Loss after income tax was $45,163,998 or $13.02 per diluted share compared to profit after income tax of $50,348,184 or $27.76 per diluted share a year ago. Net cash outflow from operating activities was $5,424,777 compared to net cash inflow from operating activities of $1,026,299 a year ago. Purchase of investments was $205,948,375 compared to $188,143,841 a year ago. Net tangible asset backing per ordinary share was $0.9729 compared to $1.1277 a year ago.