According to Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin, (pic) the group has maintained its targets for FY21 despite the effects of Covid-19.
PETALING JAYA: Property developer Matrix Concepts Holdings Bhd reported its highest quarterly net profit in the past five-year period as revenue in the third quarter (Q3) ended Dec 31,2020 surpassed pre-pandemic levels.
The group said its net profit in the October-December 2020 period, which was the second consecutive record-high quarter, rose by 15.3% year-on-year (y-o-y) to RM75.3mil on increased revenue recognition from property development and expedited construction progress.
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