PME African Infrastructure Opportunities plc Reports Audited Earnings Results for the Year Ended December 31, 2017
PME African Infrastructure Opportunities plc reported audited earnings results for the year ended December 31, 2017. For the year, the company reported loss before income tax was $875,000 against profit of $411,000 reported a year ago. Loss and total comprehensive expense was $875,000 or 2.41 cents per basic and diluted share against profit of $411,000 or 1.00 cents per basic and diluted share reported a year ago. Net cash generated from operating activities was $3,733,000 against net cash used in operating activities was $1,065,000 reported a year ago. Net asset value per share was $0.21 against $0.23 reported a year ago.