- CEO
- Jeffri Salim Davidson
- Full Time Employees
- 30,000
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- Menara Sime Darby Petaling Jaya Malaysia 47301
- IPO Date
- Apr 7, 2008
- Business
- Sime Darby Berhad is a diversified multinational conglomerate primarily engaged in industrial equipment, automotive, logistics, healthcare, insurance, and retail segments, headquartered in Petaling Jaya, Malaysia, and founded in 1910. Its core product and service offerings include the distribution, retail, assembly, and aftersales services of passenger vehicles and commercial vehicles covering brands like Land Rover, Ford, Nissan, and Volvo; industrial equipment sales, rentals, and aftermarket services particularly as the third-largest global Caterpillar dealer across 10 countries; plantation management of oil palm and rubber; property development; and logistics services with a strong presence in the Asia-Pacific region. The company operates in 17 countries with a strategic footprint in Asia and Australia. Recently, Sime Darby rebranded to "Sime" in November 2024 to emphasize its renewed strategic focus as a pure-play powerhouse in automotive and industrial equipment segments. In 2024, it made significant acquisitions including UMW and Cavpower, enhancing its automotive capabilities and expanding industrial equipment operations in Australia. Sime Darby is also progressively divesting non-core assets to concentrate on its core business sectors and has invested in new mobility ecosystems, such as a US$3 million stake in Socar Mobility Malaysia. Its financial performance in FY2025 included a net profit of RM2.06 billion on RM70.1 billion in revenue, supported by full-year contributions from acquisitions and strategic disposals. The company maintains a focus on operational excellence, high performance, and sustainable value creation for its stakeholders, aiming to accelerate growth in its automotive and industrial businesses while optimizing its plantation and property assets.
This description reflects its comprehensive product portfolio, geographic reach, and recent major strategic changes that shape its current market positioning and growth trajectory.