Matrix Concepts back to pre-pandemic level

Chairman Datuk Mohamad Haslah Mohamad Amin (pic) noted that the group’s dividend payments would be increased in the coming quarters.

PETALING JAYA: Matrix Concepts Holdings Bhd declared a higher dividend payout of 52.9% in the third quarter ended Dec 31, 2021, as its new property sales increased by almost RM94mil or 35.5% year-on-year (y-o-y) in the quarter.

The property developer, which said it was back on track to pre-pandemic level, announced a third interim dividend of 3.75 sen per share amounting to RM59.1mil. This was significantly higher compared to its 40% payout in the previous financial year ended March 31, 2021.