South Ocean Holdings Limited provided earnings guidance for the six months ended June 30, 2016. For the six months, headline earnings per share is expected to be between 8.6 cents to 9.2 cents lower than the corresponding prior period. The earnings per share is expected to be between 9.1 cents to 9.7 cents lower than the corresponding prior period. As reported in the corresponding prior period, headline earnings per share was 4.8 cents and earnings per share was 5.1 cents.