PME African Infrastructure Opportunities announced unaudited consolidated financial results for the six months ended 30 June 2016. For the six months, the company reported net gains on financial assets at fair value through profit of $75,000 against loss of $214,000 for the same period of last year. Operating loss was $391,000 against $1,306,000 for the same period of last year. Loss before income tax was $391,000 against $1,339,000 for the same period of last year. Loss and total comprehensive expense for the period was $391,000 against $1,339,000 for the same period of last year. Basic and diluted loss per share attributable to the equity holders of the company during the period was 0.95 cents against 1.74 cents for the same period of last year. Net cash used in operating activities was $515,000 against inflow of $9,763,000 for the same period of last year. Net asset value per share was $0.21 against $0.22 per share for the same period of last year.