Mah Sing Group Berhad has made into the Fortune Southeast Asia 500, the inaugural list that identifies the largest companies by revenue in the fast growing region of Southeast Asia.
In the financial year 2023 (FY2023), Mah Sing continued its productive momentum with multiple notable achievements, strengthening its position as one of the top developers in the country. The Group reported a revenue increase of 12.3%, reaching RM2.6 billion, up from RM2.32 billion in FY2022. This robust growth was accompanied by a 24% rise in profit before tax (PBT), which soared to RM327.4 million from RM264.1 million compared to the previous year.
Mah Sing’s Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum shared, “Mah Sing’s inclusion in the prestigious Fortune Southeast Asia 500, alongside some of the region’s most outstanding companies, is a significant accolade for the Group.