KUALA LUMPUR: Property developer Matrix Concepts Holdings Bhd achieved a second consecutive record high quarter over a five-year period, as net profit climbed 15.3% to RM75.3mil in 3Q21 on increased revenue recognition from property development, and expedited construction progress.
The enhanced performance was also supported by contained administrative and general expenses, contributions from its joint venture company in Indonesia, and adjustment in tax provision.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
