Golden Arrow Selected Stocks Fund Limited announced earnings results for third quarter and nine months ended March 31, 2016. For the quarter, the company reported total loss of PKR 54,023,000, net loss before taxation of PKR 65,342,000, total comprehensive loss for the period of PKR 65,342,000 or PKR 0.43 per basic and diluted share compared to the total loss of PKR 180,988,000, net loss before taxation of PKR 191,608,000, total comprehensive loss for the period of PKR 191,608,000 or PKR 1.25 per basic and diluted share for the same quarter a year ago.

For the nine months period, the company reported total loss of PKR 19,481,000, net loss before taxation of PKR 60,470,000, total comprehensive loss for the period of PKR 60,470,000 or PKR 0.4 per basic and diluted share compared to the total income of PKR 215,322,000, net income before taxation of PKR 168,303,000, total comprehensive income for the period of PKR 168,303,000 or PKR 1.11 per basic and diluted share for the same period a year ago.