Victory Securities Announces Positive Profit Outlook with Major Subsidiary Turning Profitable

Reuters
18 Jul
Victory Securities Announces Positive Profit Outlook with Major Subsidiary Turning Profitable

Victory Securities (Holdings) Company Ltd. has issued a positive profit alert, indicating a significant turnaround in its consolidated results. The company expects to report a consolidated profit before tax of approximately HK$47.04 million for the period ending 30 June 2025, compared to a consolidated loss before tax of approximately HK$5.70 million for the same period in 2024. Additionally, its major operating subsidiary, Victory Securities (HK), is projected to record a profit before tax of approximately HK$51.79 million, a substantial improvement from the previous loss before tax of approximately HK$2.19 million. The growth in the virtual asset business segment is primarily driving this robust performance. However, shareholders and potential investors are advised to exercise caution when dealing with the company's shares, as the preliminary assessment is subject to further adjustments. The company's results announcement for the period is expected by the end of August 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Victory Securities (Holdings) Company Ltd. published the original content used to generate this news brief on July 18, 2025, and is solely responsible for the information contained therein.

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