City of London Investment Group PLC provided earnings guidance for the year ended May 31, 2013. For the year, the company expects that pre-tax profits will be approximately £8.9 million, and that profits after an anticipated tax charge of £2.6 million will be approximately £6.3 million. Basic and fully diluted earnings per share are expected to be 24.9 pence and 24.6 pence respectively.

The company also expects turnover (plus investment income) of £29.9 million.