Matrix Concepts net profit grows 5.3% in 2Q25


Dynamic duo: (from left) Matrix Concepts Holdings Bhd founder and group executive deputy chairman Datuk Seri Lee Tian Hock and Mohamad Haslah.

PETALING JAYA: Matrix Concepts Holdings Bhd, which posted growth in its bottom line despite a decline in revenue for the second quarter ended Sept 30, 2024 (2Q25), is on track to achieve its RM1.3bil property sales target for the financial year ending March 31, 2025 (FY25).

The property developer reported a 10% increase in new property sales to RM341.7mil in 2Q25, compared with RM310.8mil in the same period last year.

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