Victory Group Ltd. announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of HKD 4,902,000 compared to HKD 10,985,000 for the same period a year ago. Operating loss was HKD 12,853,000 compared to HKD 18,558,000 for the same period a year ago. Loss before tax was HKD 12,866,000 compared to HKD 18,595,000 for the same period a year ago. Loss for the year attributable to owners of the company was HKD 12,177,000 or 1.42 cents per basic share compared to HKD 18,846,000 or 2.19 cents per basic share for the same period a year ago.