Matrix posts firm Q1 results


Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin (pic) said the commendable performance underscored the vast demand for its residential and commercial properties in its townships of Bandar Sri Sendayan (BSS) in Negri Sembilan and Bandar Seri Impian (BSI) in Johor.

PETALING JAYA: Matrix Concepts Holdings Bhd has posted a firm set of financial results in its first quarter ended June 30, underpinned by resilient property sales and an improved contribution from its hospitality and education businesses.

In a statement, the Negri Sembilan-based township developer announced that its net profit had risen 8.7% to RM54.55mil from RM50.15mil a year ago.

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