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.
CIY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held