Zeder Investments Limited provided earnings guidance for the year ended February 29, 2016. For the year, the company expects recurring headline earnings from investments per share will be between 53.5 cents and 54.5 cents, or between 16.1% and 18.2% higher than the 46.1 cents reported for the year ended February 28, 2015; Recurring headline earnings per share will be between 41.9 cents and 42.9 cents, or between 18.7% and 21.5% higher than the 35.3 cents reported for the year ended February 28, 2015; Headline earnings per share will be between 36 cents and 37 cents, or between 63.6% and 68.2% higher than the 22 cents reported for the year ended February 28, 2015; and attributable earnings per share will be between 52 cents and 53 cents, or between 152.4% and 157.3% higher than the 20.6 cents reported for the year ended February 28, 2015. The increase in recurring headline earnings per share was due to improved earnings contributions from the majority of Zeder's underlying investments.

Attributable earnings per share increased by a higher percentage than headline earnings per share mainly due to a dilution gain made by Capespan following Golden Wing Mau's, an associate, merger with Joyvio. Both Golden Wing Mau and Joyvio are leading players in China's fresh fruit business.