KUALA LUMPUR, Feb. 5 -- Khazanah Nasional Berhad reported a profit from operations of RM5.1 billion for 2024, down from RM5.9 billion in 2023.
Despite the decline, the sovereign wealth fund achieved strong investment returns and portfolio growth, with its net asset value (NAV) increasing by RM18.8 billion to RM103.6 billion.
Khazanah managing director Datuk Amirul Feisal Wan Zahir said the fund remains focused on long-term value creation despite challenges in the private market sector.
"2024 was a good year for us. Our investments grew by RM18.8 billion," he said during a media briefing at Menara UEM today.
Amirul emphasised Khazanah's commitment to its long-term strategy of advancing Malaysia under the "A Nation That Creates" framework...