Victory Group Limited provided consolidated earnings guidance for the six months ended June 30, 2013. The board of directors of the company, and together with its subsidiaries, the group informed the shareholders of the company and potential investors that, based on the information currently available and the preliminary review of the consolidated management accounts of the group for the six months ended 30 June 2013, the company expected to record a significant deterioration in the operating results of the group for the six months ended 30 June 2013 as compared with the profit in the interim results for the six months ended 30 June 2012, which is mainly attributable to the unstable global economic environment, the implementation of limited license order in China during the current interim period and gain on bargain purchase on acquisition of Jumbo Chance Holdings Limited in last interim period.