Malaysia's sovereign wealth fund Khazanah posts threefold jump in 2023 profit

Malaysia's sovereign wealth fund Khazanah posts threefold jump in 2023 profit

The Khazanah Nasional Berhad logo is displayed on a laptop. Photo: Ipsita Ray/DEALSTREETASIA

Malaysian sovereign wealth fund Khazanah Nasional Bhd said Monday that its 2023 profit from operations surged more than threefold to 5.9 billion ringgit (about $1.3 billion) from 1.6 billion ringgit a year earlier, according to a statement.