PME African Infrastructure Opportunities PLC reported audited earnings results for the year ended December 31, 2014. For the year, net losses on financial assets at fair value through profit or loss was $13.553 million against net gains on financial assets at fair value through profit or loss of $2.358 million a year ago. Operating loss was $16.630 million against operating profit of $2.632 million a year ago.

Loss before income tax was $16.646 million against profit before income tax of $2.635 million a year ago. Loss and total comprehensive expense for the year was $16.646 million or 21.69 cents per basic and diluted share against profit and total comprehensive income for the year of $2.635 million or 2.62 cents per basic and diluted share a year ago. Net cash used in operating activities was $2.245 million against net cash generated from operating activities of $6.853 million a year ago.