Matrix Concepts sees strong 2Q property sales


Matrix Concepts Holdings Bhd founder and group executive deputy chairman Datuk Seri Lee Tian Hock (left) and chairman Datuk Mohamad Haslah Mohamad Amin (right).

PETALING JAYA: Property developer Matrix Concepts Holdings Bhd’s new property sales grew by a robust 19.1% to RM406.9mil for the second quarter ended Sept 30, 2025 (2Q) compared to the same quarter a year ago underpinned by sales in the flagship Sendayan Developments township and industrial land sales in Malaysia Vision Valley City (MVV City).

The company reported net profit of RM67.5mil in 2Q compared to RM67.4mil while revenue surged 23.4% to RM396.3mil in tandem with the sales momentum, which saw broadened revenue streams spearheaded by Levia Residences in the Klang Valley, where revenue surged 521.6% to RM45.1mil.

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