Matrix Concepts Holdings BHD: A Mixed Financial Performance with Promising Prospects
In the latest financial update, Matrix Concepts Holdings BHD, a prominent Malaysian company known for its diverse training programs and property development ventures, has reported a mixed financial performance for the fourth quarter and the full financial year of 2025. Despite a decline in net profit, the company has demonstrated resilience and strategic foresight, particularly in its property development segment.
For the fourth quarter ended March 31, 2025, Matrix Concepts reported a 30% drop in net profit, falling to RM42.7 million from RM60.6 million in the same period the previous year. This decline was attributed to lower revenue and increased expenses, including staff and operating costs. The net profit margin also decreased to 13.7% from 18.3%. Quarterly revenue saw a nearly 14% decline, dropping to RM305.2 million from RM353.1 million. Despite these challenges, the company maintained strong sales momentum, achieving RM360.6 million in new property sales, with Sendayan Developments contributing 88.1% of this figure. Unbilled sales stood at RM1.46 billion, indicating potential earnings support over the next 15 to 18 months. Matrix Concepts declared a 1.35 sen final dividend, bringing the full-year payout to 7.95 sen.
On a brighter note, Matrix Concepts exceeded its financial year 2025 sales target, recording a 10.4% increase in new property sales to RM1.38 billion, surpassing the RM1.3 billion target. This growth was driven by strong market demand and an increase in new launches across its diverse development portfolio. Key contributors included Sendayan Developments, Bandar Seri Impian, and the Klang Valley high-rise project, Levia Residences. The company also achieved its first industrial land sales from Malaysia Vision Valley City (MVV City). In FY25, Matrix Concepts launched projects with a total gross development value (GDV) of RM1.45 billion, a 9.8% rise from the previous year.
Despite the decline in net profit for FY25, which fell to RM214.1 million from RM244.31 million in FY24, the company’s strategic initiatives in property development have positioned it well for future growth. The overall market conditions and the company’s ability to adapt to changing dynamics have been crucial in maintaining its competitive edge.
In the broader market context, notable insider movements were observed in other Bursa Malaysia-listed companies, including Matrix Concepts. The Employees Provident Fund (EPF) reduced its stake in Kerjaya Prospek Group Bhd, reflecting active trading strategies among substantial shareholders.
As Matrix Concepts Holdings BHD navigates the challenges and opportunities ahead, its focus on strategic property development and training services remains a key driver for future success. The company’s ability to leverage its strong sales momentum and diversified portfolio will be critical in sustaining growth and delivering value to its stakeholders.