City of London Investment Group PLC provided earnings guidance for the year ended 30 June 2019. For the period, the group expects profits after an anticipated tax charge of £2.4 million (21% of pre-tax profits) will be approximately £9.0 million (2018: profits of £10.1 million after a tax charge of £2.7 million, representing 21% of pre-tax profit) of which £8.8 million will be attributable to shareholders of the Company. Basic and fully diluted earnings per share are expected to be 34.9 pence and 34.1 pence respectively (2018: 39.5 pence and 39.3 pence).