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List of largest companies in Malaysia

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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

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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.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank Name Industry Revenue
(USD millions)
Profits
(USD millions)
Employees Headquarters
1 Maybank Banking 14,148 2,052 43,595 Kuala Lumpur
2 Tenaga Nasional Utilities 11,647 608 34,543 Kuala Lumpur
3 Sime Darby Conglomerate 10,759 325 24,335 Kuala Lumpur
4 Petronas Dagangan Oil and gas 8,241 207 1,342 Kuala Lumpur
5 CIMB Banking 7,690 1,532 33,632 Kuala Lumpur
6 YTL Corporation Conglomerate 6,599 244 12,627 Kuala Lumpur
7 Petronas Chemicals Chemicals 6,292 372 6,465 Kuala Lumpur
8 Genting Group Conglomerate 5,967 205 54,000 Kuala Lumpur
9 Public Bank Berhad Banking 5,578 1,459 19,827 Kuala Lumpur
10 Batu Kawan Berhad Chemicals 5,449 109 42,559 Ipoh
11 Kuala Lumpur Kepong Berhad Agribusiness 5,226 184 48,487 Kuala Lumpur
12 YTL Power Utilities 4,877 452 4,800 Kuala Lumpur
13 Axiata Telecommunications 4,829 -438 10,800 Kuala Lumpur
14 IHH Healthcare Healthcare 4,595 648 70,000 Kuala Lumpur
15 FGV Holdings Agribusiness 4,239 22 16,781 Kuala Lumpur
16 SD Guthrie Agribusiness 4,044 408 50,532 Kuala Lumpur
17 DRB-HICOM Aerospace and defense 3,479 52 45,000 Shah Alam
18 AirAsia Airline 3,291 74 21,063 Sepang
19 MISC Berhad Shipping 3,132 466 10,435 Kuala Lumpur
20 Press Metal Aluminium Metals 3,030 267 7,321 Shah Alam

2024 Forbes list

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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.[2]

Rank Forbes
2000 rank
Name Headquarters Revenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Industry
1 463 Maybank Kuala Lumpur 11.1 2.0 223.7 25.5 Banking
2 674 CIMB Group Holdings Kuala Lumpur 8.0 1.5 159.6 15.5 Finance
3 791 Public Bank Berhad Kuala Lumpur 5.1 1.5 111.1 17.4 Banking
4 867 Tenaga Nasional Kuala Lumpur 11.6 0.6 50.7 15.6 Utilities
6 1391 Hong Leong Financial Group Kuala Lumpur 2.5 0.6 69.7 4.2 Conglomerate
7 1405 RHB Bank Kuala Lumpur 3.0 0.6 71.5 5.1 Banking
8 1523 Sime Darby Kuala Lumpur 11.9 0.8 12.2 4.2 Conglomerate
9 1917 IHH Healthcare Kuala Lumpur 4.6 0.6 11.2 11.8 Healthcare
10 1983 AmBank Kuala Lumpur 1.8 0.4 42.2 3.0 Banking

See also

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References

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  1. ^ "Fortune Southeast Asia 500 – The largest companies in the region by revenue". Fortune. Retrieved 2024-08-20.
  2. ^ "The World's Largest Public Companies". Forbes. Retrieved 2021-05-19.