Malaysia’s Khazanah posts $1.15 billion profit from...

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2025-02-06 06:03:07 -

Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024

Malaysia’s sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit from operations of MYR 5.1 billion ($1.15 billion) in 2024, driven by disciplined monetization strategies, steady dividend income and fair value gains from global public equities. The firm said in a statement that its balance sheet remains healthy with realizable asset value (RAV) over debt ratio...

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