Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
211.90
77.68
56.13
76.60
106.23
87.03
63.48
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
211.90
77.68
56.13
76.60
106.23
87.03
63.48
Raw Material Cost
56.65
9.44
4.69
9.33
16.04
13.80
13.60
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
55.82
39.03
27.29
28.65
25.54
22.77
20.62
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
6.07
6.09
6.47
5.13
6.94
5.16
3.23
Selling and Distribution Expenses
66.66
19.86
41.60
48.65
28.02
16.83
13.42
Other Expenses
-0.23
-0.22
-0.08
0.32
0.59
-0.12
0.35
Total Expenditure (Excl Depreciation)
182.85
72.26
79.21
94.96
82.49
57.38
54.40
Operating Profit (PBDIT) excl Other Income
29.1
5.4
-23.1
-18.400000000000002
23.700000000000003
29.6
9.1
Other Income
15.24
0.00
1.70
1.15
0.46
2.24
0.00
Operating Profit (PBDIT)
48.46
10.90
-16.16
-11.79
28.94
35.46
15.55
Interest
6.07
6.09
6.47
5.13
6.94
5.16
3.23
Exceptional Items
0.14
-2.98
-1.32
-0.50
0.20
-0.10
0.30
Gross Profit (PBDT)
151.08
62.77
46.22
61.85
85.46
69.66
46.64
Depreciation
4.17
5.48
5.22
5.42
4.74
3.57
3.24
Profit Before Tax
38.36
-3.65
-29.17
-22.84
17.46
26.63
9.38
Tax
3.28
-0.16
-4.29
-2.07
2.32
3.45
-0.04
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
60.36
-3.14
-24.97
-24.16
15.11
23.18
9.41
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
60.36
-3.14
-24.97
-24.16
15.11
23.18
9.41
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
-1.25
0.82
-0.11
-0.08
-0.06
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
59.11
-2.32
-25.08
-24.24
15.05
23.18
9.41
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Reserves
239.23
172.55
163.01
188.91
215.79
208.94
205.38
Earnings per share (EPS)
0.31
-0.02
-0.13
-0.13
0.08
0.12
0.05
Diluted Earnings per share
0.31
-0.02
-0.13
-0.13
0.08
0.12
0.05
Operating Profit Margin (Excl OI)
13.71%
6.98%
-41.12%
-23.97%
22.35%
34.07%
14.3%
Gross Profit Margin
20.07%
2.36%
-42.67%
-22.74%
20.89%
34.7%
19.88%
PAT Margin
28.49%
-4.04%
-44.49%
-31.54%
14.22%
26.64%
14.83%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 172.72% vs 38.50% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 2,669.57% vs 90.84% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 204.59% vs 160.89% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 0.00% vs -6.15% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of Victory Securities (Holdings) Co. Ltd. With
Figures in Million
Consolidate Annual Results
Change(HKD)
Change(%)
Net Sales
211.90
300.87
-88.97
-29.57%
Other Operating Income
0.00
0.00
0.00
Total Operating income
211.90
300.87
-88.97
-29.57%
Raw Material Cost
56.65
3.68
52.97
1,439.40%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
55.82
179.36
-123.54
-68.88%
Power Cost
0
0
0.00
Manufacturing Expenses
6.07
8.53
-2.46
-28.84%
Selling and Distribution Expenses
66.66
65.56
1.10
1.68%
Other Expenses
-0.23
0.35
-0.58
-165.71%
Total Expenditure (Excl Depreciation)
182.85
260.67
-77.82
-29.85%
Operating Profit (PBDIT) excl Other Income
29.06
40.20
-11.14
-27.71%
Other Income
15.24
-26.99
42.23
156.47%
Operating Profit (PBDIT)
48.46
44.50
3.96
8.90%
Interest
6.07
8.53
-2.46
-28.84%
Exceptional Items
0.14
-0.03
0.17
566.67%
Gross Profit (PBDT)
151.08
265.90
-114.82
-43.18%
Depreciation
4.17
31.29
-27.12
-86.67%
Profit Before Tax
38.36
4.65
33.71
724.95%
Tax
3.28
0.38
2.90
763.16%
Provisions and contingencies
0
0
0.00
Profit After Tax
60.36
4.33
56.03
1,294.00%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
60.36
4.33
56.03
1,294.00%
Share in Profit of Associates
0
0
0.00
Minority Interest
-1.25
0.00
-1.25
Other related items
0.00
0.00
0.00
Consolidated Net Profit
59.11
4.33
54.78
1,265.13%
Equity Capital
0
0
0.00
Face Value
0.01
1.11
0.00
Reserves
239.23
2,077.14
-1,837.91
-88.48%
Earnings per share (EPS)
0.31
0.00
0.31
Diluted Earnings per share
0.31
0.00
0.31
Operating Profit Margin (Excl OI)
13.71%
13.36%
0.00
0.35%
Gross Profit Margin
20.07%
11.94%
0.00
8.13%
PAT Margin
28.49%
1.44%
0.00
27.05%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 21.19 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 172.72% vs 38.50% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 5.91 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 2,669.57% vs 90.84% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 3.32 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 204.59% vs 160.89% in Dec 2024
Annual - Interest
Interest 0.61 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 0.00% vs -6.15% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 13.71%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






