Prime Financial Group Ltd. provided earnings guidance for the year 2012. The company confirmed that based on unaudited financial accounts to June 30, 2012 Prime expects normalised (excluding one-off's) earnings before interest & tax (EBIT) to be approximately 10% lower than the $5.5 million EBIT in the 2011 financial year. Separately, the company has realised a capital loss of $0.65 million relating to a non-core Accounting Firm Investee (Demeyer Consulting Pty Ltd).

Based on this, the company expects reported EBIT (including the one-off capital loss) for the 2012 financial year to be approximately 20% lower than the 2011 financial year.