Dynamic duo: Mohamad Haslah (right) and group executive deputy chairman Datuk Seri Lee Tian Hock. Matrix Concepts’ focus on cost efficiency also led to improved profit margins.
SEREMBAN: Property developer Matrix Concepts Holdings Bhd
posted a net profit of RM60.7mil in the first quarter ended June 30, 2024 (1Q25), on the back of a 5.2% year-on-year increase in new property sales to RM321.3mil.
The award winning developer attributed the higher sales to healthy demand across all the group’s developments, namely Sendayan developments in Seremban, Levia Residences in Kuala Lumpur, and Bandar Seri Impian in Kluang.
