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Govt data shows Malaysian-controlled companies overseas earned RM335.2b in 2019 | Malay Mail

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Govt data shows Malaysian-controlled companies overseas earned RM335.2b in 2019

KUALA LUMPUR, Sept 15 — The total turnover of offshore companies under Malaysian control in 2019 was RM335.2 billion, according to the Department of Statistics Malaysia released yesterday.

The services sector dominated in 2019 with a turnover of RM209.5 billion, contributing 62.5 per cent of the total revenue generated by these affiliates. Third was the mining and quarrying sector with RM26.2 revenue generated, amounting to 7.8 per cent of total affiliate turnover.

 

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