Prime Financial Group Limited provided consolidated and parent earnings guidance for the year ending 30 June 2016. For the period, the company expects consolidated profit before income tax in the range of $5.75 million to $5.95 million and profit after income tax in the range of $4.40 million to $4.60 million. This profit includes the net impact of the restructure costs and the sale of Prime's interest in the Essendon based Accounting Firm to its accountant shareholders. Prime has retained a 50% shareholding in the Essendon Firms Wealth Management Joint Venture (JV) after the divestment. The forecast Profit will result in an increase of Profit after Income Tax and Earnings per Share for members of the parent company of between 11% and 18% over underlying earnings achieved in the 2015 financial year. Consolidated Group revenue will increase by approximately 8%, representing a solid improvement for the group. Group debt has reduced from $7.4 million to approximately $2.4 million (down 68%) over the previous corresponding period, whilst debt facilities have also been renewed providing continued funding for growth. For the period, the parent company expects profit before income tax in the range of $3.8 million to $3.95 million and profit after income tax in the range of $3 million to $3.2 million.