Earnings ·
VCI Global posts US$8.4M loss as revenue drops 86% to US$2.6M amid strategic restructuring
VCIGVCI Global Ltd
VCI Global reported a net loss of US$8.4 million for the six months ended June 30, 2026, compared to a profit of US$4.7 million in the prior year period. Total revenue fell 86% to US$2.6 million, driven by the disposal of non-core subsidiaries and a strategic pivot toward proprietary artificial intelligence development. The company raised US$16.7 million through financing activities, primarily from share issuances, while cash reserves increased to US$5.2 million. VCI Global operates as a multi-disciplinary consulting group with advisory practices in business strategy and technology.