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This ASX press release of 8 Jan will answer your question:



Diversified financial services group City Pacific (CIY) confirms its half year profit is expected
to rise from between 10-15% on the corresponding period ended December 31, 2006.
City Pacific’s CEO and Managing Director Phil Sullivan said confirmation of the profit outlook
in December 2007 followed a strong first half.
“We expected then to deliver a rise of at least 10% and we can now confirm an expected half
year profit increase of between 10 and 15 %.”
“We maintain our positive outlook for the year and will be releasing our results on February
21, 2008,” he said.