The company said on Tuesday revenue rose 135.8% to RM317.6mil in the
quarter compared to RM134.6mil in the corresponding period a year ago.
Matrix Concepts chairman Datuk Mohamad Haslah noted it was a bumper
quarter due to quicker construction progress of its on-going residential
projects in Bandar Sri Sendayan as well as accelerated payments by
investors for industrial properties at Sendayan TechValley.
Moving forward, he said the company targets for investment properties
segment to contribute 10% to the group revenue in the next five years.
“The group also noted revenue contribution of RM2.2mil from investment
properties, comprising Matrix Global Schools and d’Tempat Country Club,”
the company said.
On the other hand, revenue from the residential and commercial
properties segment jumped more than 120% to RM220.8mil, from RM99.6mil a
year ago. Sales of industrial properties and land were RM94.6mil from
RM35.1mil a year ago.
Haslah expected demand for residential properties to remain intact due
to the population growth of Negeri Sembilan while Kuala Lumpur residents
were buying properties in the Klang Valley region.
As at March 31, 2015, the group's unbilled sales of RM392mil would last Matrix Concepts until 2017.
“In line with the positive results, the group today declared a first
interim single tier dividend of 4.25 sen per share. The dividends will
be paid to shareholders on 9 July 2015 based on the Record of Depositors
on June 26, 2015,” Matrix Concepts said.
MATRIX (5236)
