Asian Capital Holding Limited provided earnings guidance for the second quarter ending June 30, 2016. For the quarter, the company expects that the group will record a substantial increase in revenue and pre-tax profit, which was mainly attributable to the booking of performance fee as part of the remuneration from the investment advisory and management service pursuant to the investment advisory and management agreement dated February 2, 2016. The group is expected to record revenue of not less than HKD 200 million for the three months ending June 30, 2016.

As a result, it is expected that the group will record a significant increase in its pre-tax profit when compared with that of the corresponding period of the three months ended June 30, 2015.