Montauk Holdings Limited provided earnings guidance for the year ended March 31, 2016. For the year, the company will report basic profit per share of between 2.48 US cents and 0.97 US cents, being an improvement of between 116.4% and 106.4% as compared to the prior year basic loss per share of 15.11 US cents, and headline loss per share of between 3.96 US cents and 3.32 US cents, being a decrease in losses of between 38.6% and 48.5%, as compared to the restated prior year headline loss per share of 6.45 US cents. Basic profit per share includes a profit of $9.6 million in respect of the disposal of retired emission reduction credits ("ERCs") during the year. The financial results for the current reporting period will be more than 20% different than that of the previous corresponding period.