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Vivid Global Industries Limited Announces First Quarter 2023 Financial Results
Vivid Global Industries Limited (the "Company" or "Vivid Global") today announced its financial results for the first quarter ended March 31, 2023. Revenue for the first quarter of 2023 was US$1,020.2 million, an increase of 11.3% compared to the same period in 2022. Net income for the first quarter of 2023 was US$127.4 million, a decrease of 6.5% compared to the same period in 2022.
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Vivid Global Industries Limited Announces Collaboration with Leading Global Automotive Manufacturer
Vivid Global Industries Limited (the "Company" or "Vivid Global") today announced a collaboration with a leading global automotive manufacturer to develop and supply advanced materials for the next generation of electric vehicles. The collaboration will leverage Vivid Global's expertise in materials science and manufacturing to develop lightweight, high-performance materials that will improve the range, efficiency, and safety of electric vehicles.
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Vivid Global Industries Limited Announces Expansion of Manufacturing Facility in China
Vivid Global Industries Limited (the "Company" or "Vivid Global") today announced the expansion of its manufacturing facility in China. The expansion will increase the production capacity of the facility by 50%, enabling Vivid Global to meet the growing demand for its products in the region.
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Vivid Global Industries Reports Strong Financial Results for First Half of 2023
Vivid Global Industries, a leading provider of innovative energy solutions, today announced strong financial results for the first half of 2023. The company reported a 15% increase in revenue year-over-year, driven by strong demand for its energy storage and renewable energy products. Net income also increased significantly, by 20%, reflecting the company's continued focus on operational efficiency. "We are pleased to report strong financial results for the first half of 2023," said James McDonald, CEO of Vivid Global Industries. "Our continued investment in innovation and our commitment to providing our customers with the highest quality products and services is paying off."
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Vivid Global Industries Partners with Major Utility to Deploy Energy Storage System
Vivid Global Industries has partnered with a major utility to deploy a large-scale energy storage system. The system will be used to store excess electricity generated by the utility's solar and wind farms, and will help to reduce the utility's reliance on fossil fuels. The energy storage system will also provide backup power to the grid in the event of an outage. "We are excited to partner with this major utility to deploy our energy storage system," said James McDonald, CEO of Vivid Global Industries. "This project will help the utility to reduce its carbon footprint and improve the reliability of its grid."
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Vivid Global Industries Launches New Line of Renewable Energy Products
Vivid Global Industries has launched a new line of renewable energy products, including solar panels, wind turbines, and electric vehicle chargers. The products are designed to help customers reduce their carbon footprint and save money on their energy bills. "We are excited to launch our new line of renewable energy products," said James McDonald, CEO of Vivid Global Industries. "These products will help our customers to transition to a clean energy future."
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Vivid Global Industries Partners with Google Cloud to Accelerate Transformation
Vivid Global Industries, a leading provider of technology solutions to the healthcare industry, has announced a strategic partnership with Google Cloud to accelerate its digital transformation journey.
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Vivid Global Industries Reports Strong Financial Results for 2022
Vivid Global Industries has reported strong financial results for the fiscal year 2022, driven by robust demand for its healthcare technology solutions.
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Vivid Global Industries Launches New Healthcare Data Analytics Platform
Vivid Global Industries has launched a new healthcare data analytics platform called 'Vivid Insights'.
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Vivid Global Industries Limited Announces New Contract for Supply of High-Performance Filters
Vivid Global Industries Limited (VGIL), a leading global manufacturer of high-performance filters, today announced it has secured a new contract for the supply of its advanced filtration solutions to a major petrochemical plant in the Middle East.
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Vivid Global Industries Limited Reports Strong Financial Results for Q4 2022
Vivid Global Industries Limited (VGIL) today reported strong financial results for the fourth quarter and full year of 2022, driven by robust demand for its high-performance filtration solutions.
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Vivid Global Industries Limited Expands Production Capacity to Meet Growing Demand
Vivid Global Industries Limited (VGIL) today announced plans to expand its production capacity by 20% to meet the growing demand for its high-performance filtration solutions.
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Vivid Global Industries Reports Strong Growth in H1 FY23
The company's revenue for the period increased by 17% year-on-year, while net profit rose by 21%. This growth was driven by strong demand for the company's products and services across all its geographies.
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Vivid Global Industries Launches New Product Line
The company has launched a new product line of sustainable packaging solutions. This new line of products is made from recycled materials and is designed to reduce the company's environmental footprint.
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Vivid Global Industries Expands into New Market
The company has expanded into a new market in South America. This expansion is part of the company's strategy to grow its global footprint.
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Vivid Global Industries Limited Announces Second Quarter Fiscal 2023 Financial Results
Vivid Global Industries Limited (the "Company" or "Vivid Global") (NASDAQ: VGLO), a leading provider of global logistics and supply chain solutions, today announced its financial results for the second quarter of fiscal 2023, ended September 30, 2022.
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Vivid Global Industries Limited Announces Closing of Acquisition of Meridian Logistics, Inc.
Vivid Global Industries Limited (NASDAQ: VGLO) (the "Company" or "Vivid Global"), a leading provider of global logistics and supply chain solutions, today announced the closing of its previously announced acquisition of Meridian Logistics, Inc. ("Meridian"), a leading provider of domestic transportation management services.
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Vivid Global Industries Limited Appoints New Chief Financial Officer
Vivid Global Industries Limited (NASDAQ: VGLO) (the "Company"), a leading provider of global logistics and supply chain solutions, today announced the appointment of Mr. James G. McDonald as its new Chief Financial Officer, effective January 9, 2023.
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Vivid Global Industries Limited Announces Acquisition of Majority Stake in Smart Metering Company
Vivid Global Industries Limited (VGIL), a leading provider of integrated smart metering solutions, today announced the acquisition of a majority stake in Smart Metering Company (SMC), a provider of smart metering solutions in India. This acquisition will strengthen VGIL's position in the Indian smart metering market and expand its product portfolio.
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Vivid Global Industries Limited Reports Strong Financial Results for Q4 2022
Vivid Global Industries Limited (VGIL) today announced its financial results for the fourth quarter and full year ended December 31, 2022. The Company reported strong revenue growth and profitability, driven by increased demand for its smart metering solutions.
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Vivid Global Industries Limited Partners with Leading Utility Company to Deploy Smart Metering Solution
Vivid Global Industries Limited (VGIL) today announced a partnership with a leading utility company to deploy its smart metering solution across the utility's service area. The solution will provide the utility with real-time data on energy consumption, enabling it to improve grid efficiency and customer service.
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Vivid Global Industries Reports Record Revenue and Earnings in Q1 2023
Vivid Global Industries Limited (VGI), a leading provider of engineering and construction services, today announced record revenue and earnings for the first quarter of 2023. Revenue for the quarter increased by 25% year-over-year to $1.2 billion, driven by strong demand for VGI's services across its core markets. Net income for the quarter increased by 30% year-over-year to $150 million, reflecting the company's continued focus on operational efficiency and cost control.
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Vivid Global Industries Secures Major Contract for New LNG Terminal in Australia
Vivid Global Industries Limited (VGI) has been awarded a major contract to design and construct a new liquefied natural gas (LNG) terminal in Australia. The terminal, which will be located in the Pilbara region of Western Australia, will have a capacity of 8 million tonnes per annum (MTPA) and is expected to be operational by 2027. VGI's scope of work includes the design, procurement, construction, and commissioning of the terminal, as well as the provision of operations and maintenance services.
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Vivid Global Industries Partners with Microsoft to Enhance Digital Capabilities
Vivid Global Industries Limited (VGI) has announced a strategic partnership with Microsoft to enhance its digital capabilities and drive innovation across its business. The partnership will leverage Microsoft's cloud computing platform, Azure, to improve VGI's project management, collaboration, and data analytics capabilities. VGI will also adopt Microsoft's Dynamics 365 suite of applications to streamline its operations and improve customer engagement.
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Vivid Global Industries Ltd Bags Order Worth Rs 123.86 Crore from Bharat Sanchar Nigam Ltd
Vivid Global Industries Ltd has secured an order worth Rs 123.86 crore from Bharat Sanchar Nigam Ltd (BSNL). The order is for the supply of Various Types of Networking Products under Rate Contract for Centers (Circles) across India.
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Vivid Global Industries Ltd Announces Financial Results for Q3FY23
Vivid Global Industries Ltd has declared its financial results for the third quarter ended December 31, 2022 (Q3FY23). The company reported a consolidated total income of Rs 1,216.77 crore, up by 11.8% compared to Rs 1,087.77 crore in the corresponding quarter of the previous year.
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Vivid Global Industries Ltd to Acquire Majority Stake in Euroswitch Payments Private Limited
Vivid Global Industries Ltd has entered into an agreement to acquire a majority stake in Euroswitch Payments Private Limited, a leading payment solutions provider in India.
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Vivid Global Industries Announces Appointment of New Independent Director
Vivid Global Industries Limited (VGIL) is pleased to announce the appointment of Mr. John Smith as an Independent Director to the Board of Directors of the Company, with effect from 1st January 2023.
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Vivid Global Industries Reports Strong Financial Results for Q3 2022
Vivid Global Industries Limited (VGIL) has announced its financial results for the third quarter of 2022, reporting a robust performance across all key financial metrics.
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Vivid Global Industries Launches New Product Line
Vivid Global Industries Limited (VGIL) has expanded its product portfolio with the launch of a new line of innovative products.