Seremban-based property developer Matrix Concepts Holdings Bhd (KL:MATRIX) has kicked off its financial year on a positive note, posting a 3.7% year-on-year net profit growth for the first quarter ended June 30, 2025 (1QFY2026).
According to its Bursa Malaysia filing, the group reported a net profit of RM62.94 million, compared to RM60.69 million in the same quarter last year. This improvement was largely attributed to stronger property sales and lower selling and marketing expenses.
At the midday trading session on Bursa Malaysia, shares of Matrix Concepts were down one sen or 0.76% to RM1.30, giving the group a market capitalisation of RM2.44 billion. Despite the slight dip in share price, analysts highlight that the company’s fundamentals remain solid.
Growth Beyond Malaysia: Melbourne & Jakarta Projects
Matrix Concepts continues to expand its footprint beyond Malaysia, reflecting its multi-pronged growth strategy.
- In Australia, the group is progressing with its mixed-use development in Melbourne — M333 St Kilda, following the successful completion of its M.Greenvale project.
- In Indonesia, Matrix has completed its maiden project, Menara Syariah in Pantai Indah Kapuk 2, Jakarta, and is preparing for its next launch in the Indonesian market.
These international projects underline the group’s ambition to diversify earnings and strengthen its position as a regional property developer.
Outlook for FY2026
Matrix Concepts expects its growth strategy — driven by robust property demand in Malaysia and ongoing international projects — to contribute positively to financial performance for the year ending March 31, 2026.
For investors tracking the KLSE property sector, Matrix Concepts remains a noteworthy counter given its consistent profitability, overseas diversification, and growing brand recognition.
Key Takeaways for Bursa Malaysia Investors
- Net profit rose 3.7% YoY in 1QFY2026 to RM62.94 million.
- Boosted by strong property sales and lower expenses.
- Shares traded at RM1.30, with a market cap of RM2.44 billion.
- Expanding regionally with projects in Melbourne and Jakarta.
- Positive outlook for FY2026, supported by multi-pronged growth strategy.
At My Bursa Watch, we continue to monitor KLSE-listed companies like Matrix Concepts (KL: MATRIX) to provide investors with the latest insights into Bursa Malaysia stock movements, financial performance updates, and market opportunities.
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