Malaysia boasts some of the most influential companies driving its economy. Here, we delve into the details of the top 12 revenue-generating companies in Malaysia, each making significant strides in various industries.
These corporations not only shape Malaysia’s economic trajectory but also wield influence on a global scale. From utilities to conglomerates, banking to healthcare, and beyond, discover the remarkable contributions and far-reaching impact of these leading entities, underscoring Malaysia’s vibrant economic diversity and international prominence.
Tenaga Nasional
- Industry: Utilities;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $15960 Million;
- Stock Symbol: TNABY.
Headquartered in Kuala Lumpur, Malaysia, Tenaga Nasional was established in 1949. Specializing in the generation, transmission, and distribution of electricity, it operates not only in Malaysia but also in several other countries. Renowned for its diverse product offerings, the company’s brands are synonymous with excellence in various business segments.
Sime Darby
- Industry: Conglomerate;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $10110 Million;
- Stock Symbol: 4197.KL.
Founded in 1910, Sime Darby, headquartered in Kuala Lumpur, operates across over 20 countries globally. Its activities span trading, industrial sectors, and motors, offering a broad spectrum of products and services, including automotive, heavy equipment, healthcare, and property development.
PChem (Petronas Chemicals Group)
- Industry: Chemicals;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $6260 Million;
- Stock Symbol: 5183.KL.
Petronas Chemicals Group, also known as PChem, founded in 1985, focuses on producing and distributing chemicals and petrochemical products. Its extensive product line includes olefins, polymers, fertilizers, methanol, and various specialty chemicals, boasting a global presence in over 20 countries.
YTL Corporation Berhad
- Industry: Conglomerate;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $5720 Million;
- Stock Symbol:1773.T.
Established in 1955, YTL Corporation operates across 10 countries and engages in diverse activities such as infrastructure development, utilities, cement manufacturing, property development, and hotel operations.
Its product range includes power generation, construction materials, real estate properties, and operates renowned brands like YTL Hotels.
Maybank
- Industry: Banking;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $5650 Million;
- Stock Symbol: MLYBY.
With origins dating back to 1960, Maybank holds a robust presence across 20 countries globally, excelling in commercial, investment, and Islamic banking. Offering an array of services from loans to wealth management, Maybank is renowned as one of Southeast Asia’s largest banks.
CIMB Group
- Industry: Financial Services;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $4380 Million;
- Stock Symbol:1023.KL.
Established in 1924, CIMB Group operates across multiple ASEAN countries, focusing on consumer and corporate banking, investment, and asset management. Known for its strong regional presence, its brands include CIMB Bank, CIMB Niaga, CIMB Thai, and CIMB Singapore.
IHH Healthcare
- Industry: Healthcare;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $4040 Million;
- Stock Symbol: Q0F.SI.
IHH Healthcare, founded in 1974, provides healthcare services across 10 countries, delivering a spectrum of medical specialties, emergency care, and diagnostics. Recognized for brands like Parkway Pantai, Acibadem, and Fortis, it manages hospitals and medical clinics.
PMetal (Press Metal Aluminium)
- Industry: Metal and Mining;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $3480 Million;
- Stock Symbol: 8869.KL.
Established in 1986, PMetal specializes in producing and distributing aluminum products globally. Known for its excellence in aluminum smelting, extrusion, and recycling, it maintains a strong position in the industry.
PBBank (Public Bank Bhd)
- Industry: Banking;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $2950 Million;
- Stock Symbol: 1295.KL.
Public Bank Bhd, founded in 1966, is a significant player in the banking sector, providing personal and business banking, loans, credit cards, and wealth management. It maintains a strong brand presence and customer-centric approach.
MISC Berhad
- Industry: Shipping and Logistics;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $2930 Million;
- Stock Symbol: 3816.KL.
MISC Berhad, founded in 1968, specializes in shipping, maritime services, and oil and gas exploration. With a global presence in over 40 countries, its products include vessel chartering, offshore solutions, and marine repair.
Axiata Group Berhad
- Industry: Telecommunications;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $2790 Million;
- Stock Symbol: AXIATA.KL.
Axiata Group Berhad, a leading telecommunications company established in 2008, operates in various countries across Asia. It offers a wide range of services, including mobile communication, digital services, and network infrastructure, contributing significantly to the telecommunication sector’s growth in the region.
Genting Berhad
- Industry: Hospitality and Entertainment;
- Revenue (2023: Q1; 2022: Q2, Q3, Q4): $2610 Million;
- Stock Symbol: 3182.KL.
Genting Berhad, founded in 1965, is a prominent player in the hospitality and entertainment industry. Renowned for its resorts, casinos, and entertainment complexes worldwide, Genting Berhad continually innovates to provide exceptional leisure experiences.
Conclusion
These top revenue-generating companies in Malaysia illustrate the country’s economic diversity and global reach. Operating in varied industries such as utilities, conglomerates, banking, healthcare, and telecommunications, these companies contribute significantly to Malaysia’s economic growth and prominence in the global market.
Their extensive international presence, coupled with a wide array of services and products, reflects Malaysia’s position as a hub for innovation, business excellence, and international trade. These companies not only contribute substantially to Malaysia’s GDP but also showcase the country’s capabilities and potential on the global economic stage.
With continuous innovation, strategic expansions, and a commitment to excellence, these corporations not only drive the national economy but also stand as significant contributors to their respective industries, shaping Malaysia’s economic landscape and paving the way for sustained growth and prosperity in the future.