Malaysia’s sovereign wealth fund Khazanah Nasional reports a RM5.6 billion profit for 2025 and declares a RM2 billion dividend to the government.
KUALA LUMPUR: Khazanah Nasional Bhd recorded a RM5.6 billion profit from its operations in the financial year 2025. The sovereign wealth fund also returned a RM2 billion dividend to the government.
Managing director Datuk Amirul Feisal Wan Zahir said this reinforces Khazanah’s role as a key contributor to national economic growth. Since its inception in 2004, Khazanah has paid cumulative dividends of RM21.1 billion to the government.
Cumulative shareholder returns over the same period total RM93.1 billion. “Long-term returns are important, but we also have a requirement to support the government in terms of profitability and providing that return,” Amirul Feisal said.
He emphasised the importance of maintaining a balanced and diversified portfolio to manage risks. This approach ensures consistent returns across different economic cycles.
“This involves building a resilient, diversified portfolio that seeks to generate sustainable, risk-adjusted returns, while advancing Malaysia’s economic priorities,” he explained during the Khazanah Annual Review media briefing.
Chief investment officer Datuk Hisham Hamdan highlighted the government’s ‘Gear Up’ programme. The initiative aims to raise government-linked companies’ market capitalisation by RM100 billion between 2024 and 2028.
It targets a total shareholder return of 7.5%. “With higher returns, we can fund new growth and support the expansion plans of these companies,” Hisham said.
He added that strong returns allow Khazanah to provide dividends to the government. It also helps ensure the performance of the KLCI and attracts investors to Malaysia.
