Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 60

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 4A
Chunk 60
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                                619,698         135,031        0.68        6,590,981       18.53      (5,971,283        (90.60  
  Profit for the year                             33,215,140       7,237,517       36.58       20,314,976       57.11      12,900,164         63.50  

Revenue

Our total revenue increased by MYR55,228,262 (USD11,705,274),
or 155.27%, to MYR90,798,144 (USD19,784,748) for the fiscal year ended December 31, 2023 from MYR35,569,882 (USD8,079,474) for the fiscal
year ended December 31, 2022. The increase in our revenue was primarily due to increase in the revenue from business strategy consultancy
services and technology development, solutions and consultancy services.

Our different revenue sources for fiscal years
2023 and 2022 were as follows:

                                                                                      For the fiscal years ended December 31                                                                          
                                                                                      2023                                                                                                            
                                                                                      Amount                                                                                                          
                                                                                      USD                                                                                                             
  Revenue by service types:                                                                                                                                                                           
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Revenue from business strategy consultancy                          67,252,153                                                  14,654,120       74.07      17,681,457      49,570,696      280.35  
  Revenue from technology development, solutions and consultancy      20,525,915                                                   4,472,559       22.61      17,505,200       3,020,715       17.26  
  Interest income                                                      1,897,005                                                     413,354        2.09               -       1,897,005      100.00  
  Others                                                               1,123,071                                                     244,715        1.23         383,225         739,846      193.06  
  Total operating revenue                                             90,798,144                                                  19,784,748      100.00      35,569,882      55,228,262      155.27  

Revenue from Business Strategy Consultancy
Services

Our revenue from business strategy consultancy