City of London Investment Group PLC provided group earnings guidance for the year to date ended June 30, 2018. For the year to 30 June 2018, the group expects that pre-tax profits will be approximately £12.8 million (2017: £11.6 million), and that profits after an anticipated tax charge of £2.7 million (21% of pre-tax profits) will be approximately £10.1 million (2017: profits of £9.1 million after a tax charge of £2.5 million, representing 22% of pre-tax profit). Basic and fully diluted earnings per share are expected to be 39.5 pence and 39.3 pence respectively (2017: 36.9 pence and 36.7 pence).