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VCI Global Announces Strong Mid-Year Growth
Company Announcements

VCI Global Announces Strong Mid-Year Growth

VCI Global Limited (VCIG) has released an update.

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VCI Global Limited has reported a significant 44% year-over-year revenue growth for the first half of 2024, reaching $13.7 million, along with a net income increase of 25% to $5.4 million. The company also announced a share repurchase program valued at US$10 million over the next two years, signaling confidence in its financial stability and commitment to enhancing shareholder value. These financial gains are largely attributed to successful advancements in their consulting, fintech, and technology service offerings.

For further insights into VCIG stock, check out TipRanks’ Stock Analysis page.

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