VCI Global Limited (VCIG) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to the VCI Global Earnings Conference Call for the fiscal year 2023. Joining me today are Victor Hu, our Group Executive Chairman and CEO, Marco Bacanello, Executive Director, and C. Fang Ng, who is our CFO. Before we start, I'd like to remind you that this call may contain forward-looking statements which are subject to future events and uncertainties. Statements that are not historical facts, including but not limited to statements about the company's beliefs and expectations are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and our actual results may differ materially from those forward-looking statements. All forward-looking statements should be considered in conjunction with the cautionary statements in our earnings release and risk factors included on our filings with the SEC. Now, this presentation also includes certain non-GAAP financial measures, which we believe can be helpful in evaluating our performance. However, those measures should not be considered substitutes for the comparable GAAP measures. The accompanying reconciliation information related to those non-GAAP and GAAP measures can be found in our earnings press release issued earlier today. Now, without further ado, I will turn the call over to our group executive chairman and CEO, Victor Hu. Victor, the call is yours. Good morning, everyone, and thanks for joining the call to discuss our 2023 performance. I'm thrilled to unveil the remarkable achievement of our 2023 performance. We have achieved an extraordinary 145% increase in revenue, representing $19.8 million and 57% increase in net income, amounting to $7.2 million compared to last fiscal year. This remarkable growth was driven by strong performance across al...