This article lists the largest companies in Malaysia in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes. 2024 Fortune list This list displays the top 20 Malaysian companies in the Fortune Global 500, which ranks the largest companies in Southeast Asia by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company. RankNameIndustryRevenue(USD millions)Profits(USD millions)EmployeesHeadquarters1MaybankBanking14,1482,05243,595Kuala Lumpur2Tenaga NasionalUtilities11,64760834,543Kuala Lumpur3Sime DarbyConglomerate10,75932524,335Kuala Lumpur4Petronas DaganganOil and gas8,2412071,342Kuala Lumpur5CIMBBanking7,6901,53233,632Kuala Lumpur6YTL CorporationConglomerate6,59924412,627Kuala Lumpur7Petronas ChemicalsChemicals6,2923726,465Kuala Lumpur8Genting GroupConglomerate5,96720554,000Kuala Lumpur9Public Bank BerhadBanking5,5781,45919,827Kuala Lumpur10Batu Kawan BerhadChemicals5,44910942,559Ipoh11Kuala Lumpur Kepong BerhadAgribusiness5,22618448,487Kuala Lumpur12YTL PowerUtilities4,8774524,800Kuala Lumpur13AxiataTelecommunications4,829 -43810,800Kuala Lumpur14IHH HealthcareHealthcare4,59564870,000Kuala Lumpur15FGV HoldingsAgribusiness4,2392216,781Kuala Lumpur16SD GuthrieAgribusiness4,04440850,532Kuala Lumpur17DRB-HICOM Aerospace and defense3,4795245,000Shah Alam18AirAsiaAirline3,2917421,063Sepang19MISC BerhadShipping3,13246610,435Kuala Lumpur20Press Metal AluminiumMetals3,0302677,321Shah Alam
2024 Forbes list
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2024 or 2023. All 10 companies from Malaysia are listed. RankForbes 2000 rankNameHeadquartersRevenue(billions US$)Profit(billions US$)Assets(billions US$)Value(billions US$)Industry1463MaybankKuala Lumpur11.1 2.0223.7 25.5 Banking2674CIMB Group HoldingsKuala Lumpur8.01.5 159.6 15.5 Finance3791Public Bank BerhadKuala Lumpur5.1 1.5 111.1 17.4 Banking4867Tenaga NasionalKuala Lumpur11.6 0.650.715.6 Utilities61391Hong Leong Financial GroupKuala Lumpur2.5 0.669.7 4.2 Conglomerate71405RHB BankKuala Lumpur3.00.671.5 5.1Banking81523Sime DarbyKuala Lumpur11.9 0.812.2 4.2 Conglomerate91917IHH HealthcareKuala Lumpur4.6 0.611.2 11.8Healthcare101983AmBankKuala Lumpur1.8 0.442.2 3.0Banking
See also
Economy of Malaysia List of companies of Malaysia List of largest companies by revenue
References