Vientiane: Malaysia's sovereign wealth fund Khazanah Nasional Berhad achieved a profit from operations of 5.1 billion ringgit (1.15 billion U.S. dollars) in 2024, driven by disciplined monetization strategies, steady dividend income, and fair value gains from global public equities. The firm announced that its net asset value in 2024 increased to 103.6 billion ringgit compared to 84.8 billion ringgit in 2023.

According to Namibia Press Agency, Khazanah has also declared a dividend of 1 billion ringgit for 2024 to the government of Malaysia. Khazanah Managing Director Amirul Feisal Wan Zahir stated that the fund achieved significant growth in its portfolio in 2024, driven by the strong performance of its Malaysian investments. "We aim to maintain the strong momentum from 2024 and to ensure the successful execution of our value creation efforts through our long-term strategy," he added.

Moving forward, Khazanah plans to continue executing its value creation efforts and portfolio rebalancing strategy to strengthen the balance sheet and build a resilient financial position. Amirul Feisal expressed confidence in Malaysia's resilience, supported by political stability and clear policy direction. He noted that the significant influx of investments from both foreign and domestic sources reflects confidence in the nation's potential for sustained growth. (1 ringgit equals 0.23 U.S. dollars)