Matrix Concepts net margins to remain stable

PublicInvest Research says it expects Matrix Concepts' net margins to remain stable despite cost pressures and supply chain disruptions.

PETALING JAYA: Negri Sembilan-based property developer Matrix Concepts Holdings Bhd (MCH) is expected to maintain its sales momentum with consistent earnings over the next few years amid cost pressures and supply chain disruptions.

PublicInvest Research, which is initiating an “outperform” call on the company’s stock, said it expects MCH’s net margins to remain stable despite cost pressures and supply chain disruptions.