VCI Global Announces 145% Revenue Growth for Fiscal Year 2023 Financial Results
VCI Global Limited - Ordinary Share (VCIG)
Company Research
Source: GlobeNewswire
KUALA LUMPUR, Malaysia, April 30, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, “VCIG”, or the “Company”), a diversified holding company focusing on consulting and technology, is proud to announce its audited financial results for the financial year ended December 31, 2023 (the “Financial Results”). VCI Global delivered a record high total revenue of $19.8 million for fiscal year 2023, representing a 145% YoY growth.Gross profit achieved significant growth of 159% YoY, reaching $16.4 million in fiscal year 2023.Net income reached $7.2 million in fiscal year 2023, achieved remarkable growth of 57%.VCI Global executed several major achievements that have led to a surge in revenue by expanding VCIG’s capital market consultancy and technology ventures.VCIG’s business strategy consultancy revenue surged by 265% yearly to $14.7 million in 2023, highlighting the potential of this industry.Additionally, VCIG demonstrates sustainable growth with a 13% revenue i
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VCIG
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- Keynotes, Educational Panels and 96 Companies to Present at the Planet MicroCap Showcase: VEGAS on April 30 - May 2, 2024 at the Paris Hotel & Casino in Las Vegas, NVAccesswire
- VCI Global Announces Earnings Call and Business Update on April 30th, 2024GlobeNewswire
- VCI Global Completes YY Group Holding Limited’s IPO on Nasdaq, Securing Another Key Milestone in Its Growth PlanGlobeNewswire
- VCI Global Receives a Huge Endorsement From a Large Institutional InvestorGlobeNewswire
VCIG
Sec Filings
- 5/17/24 - Form F-3
- 4/30/24 - Form 20-F
- 4/5/24 - Form 6-K
- VCIG's page on the SEC website