Matrix stays on strong growth path

chairman Datuk Mohamad Haslah Mohamad Amin (pic) said the group remained resilient and was able to maintain its earnings at a five-year-high level.

PETALING JAYA: Property developer Matrix Concepts Holdings Bhd sustained its growth momentum in its financial year ended March 31,2021, as it recorded a net profit growth of 9.5% to RM259.9mil from RM237.4mil in the previous corresponding period despite challenging market conditions.

The group said it recorded a net profit margin of 23% for the financial period under review, which was among the highest in the property sector and also represented a five-year high in net profit for the past three consecutive quarters.