Matrix Concepts Posts Higher Net Profit Of RM219.33 Mln In FY2026
KUALA LUMPUR, May 28 (Bernama) -- Matrix Concepts Holdings Bhd posted a higher net profit of RM219.33 million for the financial year ended March 31, 2026 (FY2026), from RM214.03 million in the previous financial year.
Revenue increased to RM1.36 billion from RM1.15 billion previously, said the real estate developer in a Bursa Malaysia filing today.
The board declared a fourth interim single-tier dividend of 1.25 sen per ordinary share for FY2026, payable on July 9, 2026.
For the fourth quarter ended March 31, 2026 (4Q 2026), Matrix Concepts posted a lower net profit of RM38.70 million compared with RM42.67 million in the corresponding quarter last year, while revenue edged up to RM308.91 million from RM305.17 million previously.
Matrix Concepts said property development remained its core revenue driver, contributing RM291.6 million or 94.4 per cent of total revenue during the quarter under review.
“Sendayan Developments, the group’s flagship in Negeri Sembilan, continued to be the group’s largest revenue contributor, delivering RM163.5 million and accounting for 52.9 per cent of total revenue.
“The property development segment was further supported by stronger contributions from Bandar Seri Impian township, which recorded revenue of RM16.4 million, equivalent to a 106.7 per cent increase, compared to the RM7.9 million reported previously,” it said.
Matrix Concepts added that a key highlight during the quarter was the maiden contribution from its Malaysia Vision Valley City (MVV City), which generated RM46.7 million in revenue from industrial property sales.
“The group’s Klang Valley segment recorded healthy growth, with Levia Residence contributing RM37.1 million compared with RM18.7 million in 4Q 2025,” it said.
The group said its hospitality, healthcare and education segments collectively delivered stronger performance, with combined revenue rising to RM15.3 million in 4Q 2026 from RM13.2 million in 4Q 2025.
“The hospitality segment recorded revenue of RM5.9 million, up 13.3 per cent, from RM5.2 million, mainly driven by higher footfall and occupancy rates at its clubhouse and hotel during the festive period.
“The healthcare division improved significantly, contributing RM1.7 million in management fees under its Management Agreement compared with RM1.0 million in 4Q 2025, while the education segment grew to RM7.7 million from RM7.0 million, supported by higher student enrolment,” it said.
Matrix Concepts stated that it also recorded contributions from a new revenue segment involving the sale of building materials, which generated RM2.0 million during the quarter under review.
On prospects, the group said it remains well-positioned for sustained growth, supported by strong demand for its properties, particularly within its flagship Sendayan developments.
“The group is expected to generate significant long-term value through its MVV City project in Negeri Sembilan, which is jointly developed with the state government and reinforces its strategic role in driving regional economic growth.
“The initial industrial product launches under this transformative development have received encouraging and broad-based market response, reflecting strong investor confidence and providing a positive outlook for the upcoming residential and commercial phases,” it said.
-- BERNAMA