Khazanah Nasional Bhd recorded a higher profit from operations of RM5.9 billion in financial year 2023 (FY2023) compared with RM1.6 billion in FY2022 amid volatile global market conditions.

Managing director Amirul Feisal Wan Zahir said its stronger performance was driven by higher dividends and distributions from investee companies, fair value gains, and capital preservation.