Khazanah Nasional Bhd recorded a higher profit from operations of RM5.9 billion in financial year 2023 (FY2023) compared with RM1.6 billion in FY2022 amid volatile global market conditions . Managing director Datuk Amirul Fiesal Wan Zahir said its stronger performance was driven by higher dividends and distributions from investee companies, fair value gains , and capital preservation .
"2023 was challenging for Khazanah and the global markets, influenced by the anticipated peak in the United States (US) Federal Reserve rates, a slowdown in elevated inflation, tight monetary conditions, a concentrated rally in artificial intelligence (AI), weak growth in China, and ongoing geopolitical conflicts," he told a media briefing on Khazanah Annual Review 2024 here today
Khazanah Nasional Bhd Profit Operations Financial Year 2023 Global Market Conditions Dividends Distributions Investee Companies Fair Value Gains Capital Preservation
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