VCI Global Reports First Half 2024 Earnings

VCI Global (NASDAQ:VCIG) First Half 2024 Results

Key Financial Results

• Revenue: US$13.7m (up 40% from 1H 2023).
• Net income: US$5.92m (up 27% from 1H 2023).
• Profit margin: 43% (down from 48% in 1H 2023). The decrease in margin was driven by higher expenses.

All figures shown in the chart above are for the trailing 12 month (TTM) period

VCI Global shares are up 4.2% from a week ago.

Risk Analysis

You should learn about the 5 warning signs we've spotted with VCI Global (including 2 which shouldn't be ignored).

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