Victory Securities (Holdings) Company Limited provided consolidated guidance for the year ended 31 December 2020. The Group expects to record a substantial increase of more than 100% in net profit for the Year as compared to the corresponding period of last year. The Board considers that the expected increase in the Group's net profit for the Year is mainly attributable to (i) increase in revenue; and (ii) increase in fair value gain on financial assets at fair value through profit or loss.