Top 10 Largest and Most Profitable Companies in Malaysia for 2023

Top 10 Largest Malaysian Companies

Malaysia is rapidly developing with a vibrant economy and a growing business landscape. With its favorable business environment, dynamic workforce, and strategic location at the crossroads of Asia, Malaysia has become a hub for a wide range of industries and businesses.

We will be exploring the top 10 largest and most profitable companies in Malaysia, providing a detailed look at their performance and achievements. These companies are at the forefront of Malaysia’s economic development and represent the country’s strength and potential.

For investors, we have added for each company in the “Top 10 of the Largest Malaysian companies”: their revenue, market cap, employee count and comments of their presence all around the world.

You can find more articles about Malaysia here.

Petroliam Nasional Berhad (PETRONAS)

PETRONAS, also known as the National Oil Company of Malaysia, is the largest company in the country and one of the largest oil and gas companies in the world. With revenue of over $100 billion, PETRONAS is a major player in the global energy market.

Key information of Petronas in 2023

• Petronas revenue: Over $1.3 billion
• Petronas market capitalization: Over $7.74 billion
• Petronas global presence: Operates in over 35 countries worldwide
• Petronas employee count: Approximately 47,000 employees globally

Malayan Banking Berhad (Maybank)

Maybank is the largest financial services group in Malaysia and one of the largest banks in Southeast Asia. With a market capitalization of over $20 billion, Maybank provides a range of banking and financial services to both individuals and corporations.

Key information of Maybank in 2023

• Maybank revenue: Over $5.6 billion
• Maybank market capitalization: Over $28 billion
• Maybank global presence: operates in over 20 countries worldwide
• Maybank employee count: Approximately 43,000 employees globally

CIMB Group Holdings Berhad

CIMB Group is a leading Southeast Asian investment bank and financial services provider. The company has a market capitalization of over $10 billion and provides a range of services including investment banking, wealth management, and asset management.

Key information of CIMB Group in 2023

• CIMB revenue: Over $4.3 billion
• CIMB market capitalization: Over $11.3 billion
• CIMB global presence: Operates in over 16 countries in Asia and beyond
• CIMB employee count: Approximately 38,000 employees globally

Public Bank Berhad

Public Bank is one of the largest banks in Malaysia and is known for its strong focus on customer service. The company has a market capitalization of over $10 billion and provides a range of banking and financial services to both individuals and corporations.

Key information of Public Bank in 2023

• Public Bank revenue: Over $2.9 billion
• Public Bank market capitalization: Over $3.7 billion
• Public Bank global presence: Operates in several countries in Southeast Asia
• Public Bank employee count: Approximately 18,000 employees globally

Tenaga Nasional Berhad (TNB)

Tenaga Nasional is the largest electricity company in Malaysia and a major player in the Southeast Asian energy market. The company has a market capitalization of over $15 billion and provides electricity to millions of customers in Malaysia.

Key information of Tenaga Nasional in 2023

• TNB revenue: Over $15.9 billion
• TNB market capitalization: Over $12.6 billion
• TNB global presence: One of the largest electricity companies in Southeast Asia, supplying energy to millions of customers in Malaysia
• TNB employee count: Approximately 35,000 employees

Axiata Group Berhad

Axiata Group is one of the largest telecommunications companies in Southeast Asia and provides a range of mobile and fixed-line telecommunications services in Malaysia and across the region. The company has a market capitalization of over $10 billion.

Key information of Axiata Group in 2023

• Axiata Group revenue: Over $6 billion
• Axiata Group market capitalization: Over $6.21 billion
• Axiata Group global presence: Operates in several countries across Southeast Asia
• Axiata Group employee count: Approximately 25,000 employees globally

IOI Corporation Berhad

IOI Corporation is one of the largest palm oil producers in the world and a major player in the Malaysian palm oil industry. The company has a market capitalization of over $10 billion and operates in a range of industries including property development and food manufacturing.

Key information of IOI Corporation in 2023

• IOI Corporation revenue: Over $3.6 billion
• IOI Corporation market capitalization: Over $5.62 billion
• IOI Corporation global presence: One of the largest palm oil producers in the world and a major player in the Malaysian palm oil industry
• IOI Corporation employee count: Approximately 30,000 employees

Sime Darby Berhad Sime

Darby is a leading Malaysian conglomerate with a presence in a range of industries including plantations, property development, and automotive. The company has a market capitalization of over $10 billion and is one of the largest companies in Malaysia.

Key information of Sime Darby Berhad Sime in 2023

• Sime Darby revenue: Over $9.82 billion
• Sime Darby market capitalization: Over $3.68 billion
• Sime Darby global presence: A leading conglomerate in Malaysia, with a presence in several industries including plantations, property development, and automotive
• Sime Darby employee count: Approximately 22,000 employees

Genting Berhad

Genting is a leading multinational corporation with a presence in a range of industries including gaming, plantations, and energy. The company has a market capitalization of over $10 billion and is one of the largest companies in Malaysia.

Key information of Genting Berhad in 2023

• Genting Berhad revenue: Over $3.22 billion
• Genting Berhad market capitalization: Over $4.5 billion
• Genting Berhad global presence: A leading multinational corporation with a presence in several industries including gaming, plantations, and energy
• Genting Berhad employee count: Approximately 47,000 employees

AMMB Holdings Berhad (AmBank Group)

AmBank Group is a leading Malaysian financial services group with a strong focus on corporate and investment banking. The company has a market capitalization of over $10 billion and provides a range of banking and financial services to both individuals and corporations.

Key information of AMMB in 2023

• AMMB Holdings Berhad revenue: Over $0.9 billion
• AMMB Holdings Berhad Market Capitalization: Over $3 billion
• AMMB Holdings Berhad global presence: A leading Malaysian financial services group with a strong focus on corporate and investment banking.
• AMMB Holdings Berhad employee count: Approximately 10,000 employees

Final word on this top 10 company in malaysia 2023

This top 10 company in malaysia 2023 gives an idea about the largest and most valuable companies in Malaysia. They play a vital role in the country’s economy and are major players in their respective industries. They provide a range of products and services to customers both in Malaysia and around the world, and their success is a testament to the strength of the Malaysian business sector.