Matrix Concepts posts RM219.3 million net profit for FY2026

Matrix Concepts Holdings Berhad achieved a net profit of RM219.3 million for the fiscal year ending March 31, 2026, marking a 2.5% increase from the prior year's RM214.0 million. This performance was bolstered by record property sales totaling RM1.51 billion, positioning fiscal year 2026 as one of the group's strongest for sales and revenue growth.

Despite a slight dip in fourth-quarter net profit to RM38.7 million compared to RM42.7 million in the same period last year, the company attributed this to changes in product mix, reclassification of operating costs, and a higher effective tax rate. Group Chairman Datuk Mohamad Haslah Mohamad Amin highlighted the financial results as a testament to the resilience of the company's business model and the effectiveness of its diversification strategies.

Annual revenue reached a record RM1.36 billion, an 18.2% increase from RM1.15 billion in fiscal year 2025. This growth was driven by construction progress, new project contributions, and an expanding industrial segment. The Bandar Seri Sendayan development remained the primary revenue contributor with RM875.9 million, while the Levia Residence project in the Klang Valley saw a significant 272.3% surge in revenue to RM153.2 million. The Malaysia Vision Valley City (MVV City) development also contributed RM362.6 million in industrial land sales and began generating revenue in the fourth quarter.

The group maintained a stable financial standing with RM1.51 billion in unbilled sales, providing revenue visibility for the next 15 to 18 months. To reward shareholders, an interim dividend of 1.25 sen per share was declared, bringing the total fiscal year 2026 dividend to 6.10 sen per share, amounting to RM114.5 million. Mohamad Haslah expressed optimism for fiscal year 2027, citing stable property demand, diverse development strategies, and expansion into new growth areas in Malaysia.