Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin
PETALING JAYA: Property developer Matrix Concepts Holdings Bhd sustained its growth momentum by recording a 9.5% jump in its net profit to RM259.9mil for its financial year ended March 31, 2021 (FY2021), despite the challenging market conditions for the property sector.
The group recorded a net profit margin of 23% for the financial year, among the highest in the property sector, as well as five-year highs in net profit for the past three quarters.
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