Victory Securities expects a net profit of 40.72 million HKD in the first half of 2025, with the virtual asset business rising by 2000%.

[Coin World] According to a statement from Victory Securities (Holdings) Limited, the company expects to record a consolidated pre-tax profit of approximately HKD 47.04 million and a consolidated net profit of approximately HKD 40.72 million in the first half of 2025, returning to profitability compared to the same period last year. The company's main operating subsidiary, Victory Securities (Hong Kong), also returned to profitability during the same period, expecting to record a pre-tax profit of approximately HKD 51.79 million and a net profit of approximately HKD 45.48 million. The company's board of directors stated that the significant improvement in performance is mainly attributed to the strong growth in the virtual asset business, with revenue from virtual asset-related activities increasing by approximately 2000% compared to the same period last year. The complete performance report will be released by the end of August 2025.