Yinson is honoured to be included in the Fortune Southeast Asia 500 for the second consecutive year, a recognition that reflects the continued strength of our diversified portfolio, sustained growth, and relevance in an increasingly complex global economy.
The Forture Southeast Asia 500 ranks the region’s top-performing corporations, highlighting companies that have demonstrated outstanding financial strength and influence across key sectors. Yinson’s consistent presence in the ranking highlights our ongoing commitment to long-value creation, driven by our focus on building a low-carbon future through meaningful partnerships across energy infrastructure and green technologies.
Lim Chern Yuan, Group CEO, Yinson, commented: “Being recognised on the Fortune Southeast Asia 500 list for a second year is a meaningful milestone for Yinson. It reflects the collective efforts of our people, partners, and communities. As Southeast Asia evolves into a critical region for rapid energy transition, Yinson remains committed to advancing solutions that are innovative, inclusive, and future-focused.”
The recognition is not just a reflection of past success, but a reminder of the role we must continue to play in shaping a sustainable and economically resilient Southeast Asia. The Fortune Southeast Asia 500 ranks the top 500 companies headquartered in the region based on gross revenue converted to USD, reflecting the latest fiscal year-end as of 31 December 2024.
In the financial year ended 31 January 2024, Yinson recorded a revenue of RM11.6 billion, which is an increase of 84% from FY2023. The Group achieved record growths in PAT, which more than doubled by 94% to RM1.14 billion from RM588 million the previous year. Yinson’s PATAMI rose 64% to RM964, while the EBITDA also reached a new high of RM2.99 billion, up from RM 1.78 billion. These results reaffirm the strength of Yinson’s sustainable business model and our ability to adapt amid a rapidly evolving global energy landscape.
On the ESG front, Yinson continues to make positive progress on our 30 by 30 targets in FY2024. This includes renewable energy generation of 365.6GWh, invested 13% of total equity into green businesses, with CSR investment stood at RM3.9 million and 1,268 employee volunteer hours, impacting 10,560 lives across 33 communities through our community engagements. This reflects our shared commitment to inclusive development and responsible business practices.