Matrix Concepts records firm Q1 earnings of RM54.5m


FILE PIC: Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin (centre) looking through the group annual report before its AGM recently. Also present were group executive deputy chairman Datuk Lee Tian Hock (right) and group managing director Ho Kong Soon (left).

KUALA LUMPUR: Matrix Concepts Holdings Bhd posted a firm set of financial results in the first quarter ended June 30, 2019, underpinned by resilient property sales and improved contribution from its hospitality and education businesses.

The Negeri Sembilan-based township developer announced on Thursday its net profit rose by 8.7% to RM54.55mil from RM50.15mil a year ago.

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