Singapore investment firm Temasek Holdings has reported a net portfolio value of $381 billion for FY2021 ending March 31, 2021, up $75 billion, or 24.5%, from $306 billion last year.

Group profit surged over 500% to hit $57 billion from just $9 billion in FY2020, reversing two consecutive years of declining profits in FY2019 and FY2020. 

Temasek’s one-year total shareholder return (TSR) was 24.53%, while TSR since its inception in 1974 was an annualised 14% over 47 years. Its 20-year and 10-year TSRs were 8% and 7% respectively, compounded annually.

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