PROTON Holdings Berhad
Financial Performance
PROTON Revenue & Financials
Revenue
$97.5M (FY2024, unaudited)
What is PROTON's revenue?
PROTON had $97.5M (unaudited) in revenue for fiscal year 2024.
- Latest revenue
- $97.5M (FY2024, unaudited)
- Years of data
- 3
Financial Analysis
Proton is privately held, so it does not publish revenue or profit. The best public indicators are volume and share: 150,975 units in 2023, about 153,000 in 2024, 157,976 in 2025 and 141,421 in January-August 2026 (+40.2% year on year). Its results flow into DRB-HICOM's automotive segment; DRB-HICOM as a whole reported FY2025 revenue of about RM17.3 billion, which also includes banking, services, property and other car brands. Management targeted around 200,000 sales for 2026.
Revenue Trend Analysis
Trend
Not enough comparable years
PROTON Holdings Berhad has 3 full fiscal year figures on this page. There are not enough consecutive, comparable fiscal years to measure a trend.
Annual revenue history
| Fiscal Year | Revenue | YoY Change | Source |
|---|---|---|---|
| FY2024unaudited | $97.5M | — | Industry estimate |
| FY2023unaudited | $82M | — | Industry estimate (Swiss registry / tech estimates) |
| FY2022unaudited | $70M | — | Industry estimate |
Click any row to see year details.
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PROTON Revenue and Financial FAQ
What is Proton's revenue?
Proton does not publish standalone revenue. Its results are consolidated in DRB-HICOM's automotive segment; DRB-HICOM as a whole reported FY2025 revenue of about RM17.3 billion across all businesses.
How many cars did Proton sell in 2025 and 2026?
157,976 in 2025 (+3.3%) and 141,421 in January-August 2026 (+40.2%). Q1 2026 sales of 49,140 were the highest first quarter since 2004.
What is Proton's market share?
An estimated 19.4% in 2025 and 25.6% in January-August 2026, making it Malaysia's second-largest brand behind Perodua.
Is Proton a listed company?
No. DRB-HICOM took Proton private in 2012. DRB-HICOM, its 50.1% owner, is listed on Bursa Malaysia.
What sales target did Proton set for 2026?
Proton targeted around 200,000 sales in 2026, according to Just Auto reporting in January 2026.
How do exchange rates affect Proton?
Many components, especially from Geely, are imported, so a weaker ringgit against the Chinese yuan or US dollar raises costs.
When did Proton return to operating profitability following its acquisition by Geely?
After suffering years of steep operational losses, Proton achieved an operating profit turnaround in 2019—just two years after Geely’s entry—driven by explosive sales of the Proton X70 SUV and extensive manufacturing cost rationalization.
What is Proton’s annual vehicle delivery volume?
Proton delivers between 140,000 and 155,000+ vehicles annually, consistently holding the #2 market position in Malaysia with over 19% to 20% total industry volume (TIV) market share.
Who owns Proton Holdings Berhad and how are profits shared?
Proton is a private joint venture owned 50.1% by Malaysian industrial conglomerate DRB-HICOM Berhad and 49.9% by China’s Zhejiang Geely Holding Group, with financial performance consolidating into DRB-HICOM’s public group accounts.
How much capital has been invested in the Tanjung Malim Automotive High-Tech Valley?
Geely, DRB-HICOM, and partner suppliers have committed billions of Malaysian ringgits (over $10 billion in long-term ecosystem commitments) to transform Tanjung Malim into a premier high-tech automotive manufacturing cluster.
Which vehicle model generates the highest sales volume for Proton?
The affordable Proton Saga remains the company’s highest-volume seller, regularly selling over 60,000 to 70,000 units annually due to its unrivaled value proposition for first-time Malaysian car buyers.
How did Geely’s global supply chain reduce Proton’s procurement costs?
By tying into Geely’s massive global purchasing agreements for steel, electronics, semiconductor chips, and tier-1 sub-assemblies, Proton slashed component purchasing costs by up to 20% to 30% across multiple vehicle lines.
What are Proton’s financial objectives under its 10-year master plan?
Proton targets reaching 200,000+ units in annual vehicle production, expanding international exports to represent up to 20%–30% of total volume, and establishing Tanjung Malim as a top right-hand-drive export base in Southeast Asia.
How does currency fluctuation impact Proton’s financial performance?
Fluctuations in the Malaysian Ringgit (MYR) against the Chinese Yuan (CNY) and US Dollar (USD) affect the cost of imported CKD kits and electronic components, incentivizing Proton to continuously increase localized Malaysian parts sourcing.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "PROTON Revenue & Financials." CorpDigest, https://corpdigest.com/company/proton/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>PROTON reported $97.5M as its latest revenue figure (2024, unaudited, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/proton/financials" target="_blank" rel="noopener">CorpDigest — PROTON financials</a></div>Related Financial Audits
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