Matrix Concepts first-half results improve

Matrix Concepts’ third Australian project, M333 St Kilda, in Melbourne. “Despite the labour availability issues we have been experiencing, we are still able to maintain healthy margins supported by our in-house construction arm," says chairman Datuk Mohamad Haslah Mohamad Amin.

PETALING JAYA: Matrix Concepts Holdings Bhd is aiming to convert its growing unbilled sales, which have now exceeded RM1.4bil from RM1.1bil last year, to revenue upon solving its labour shortage issue.

In a filing with Bursa Malaysia, Matrix Concepts said it was in the final stages of the foreign labour recruitment process and expects to fulfil its labour requirement at its construction sites by year-end.