good management and business skill. Profit higher than previous February and higher than previous quarter. JV in Australia and Indonesia. If no covid, higher profit.
@RainT, Matrix is selling affordable and value properties. Their sales during MCO even raised about 45%. So, why should they have impairment when their properties are so hot in demand?
Could be. This is a well-run generous company. Breaching 2.30, it will now break its all time high. Look at its buy volume on Decem 30 and Jan 3 and you will know what's coming
KUALA LUMPUR: Matrix Concepts Holdings Bhd has posted its all-time high new property sales of RM1.3 billion in the financial year ended March 31 2022 (FY22), Surpassing the previous year's achievement of RM1.2 billion.
The Negri Sembilan-based property developer also proposes a one-for-two bonus issue.
Chairman Datuk Mohamad Haslah Mohamad Amin said the company's prospects for FY23 remained bullish, with the reopening of international borders expected to ease the supply of construction labour and enable the company to speed up project delivery progress.
"Our solid financial position allows us to execute our growth plans and maintain our dividend payout of a minimum 50 per cent of net profit to our shareholders," said Haslah.
The company declared a fourth interim dividend of 3.75 sen per share in respect of FY22, with ex-date on June 22, 2022 to be paid on July 7, 2022.
Together with the first interim, second interim and third interim dividend of 2.0 sen, 3.0 sen and 3.75 sen respectively, total dividend payout would amount to RM104.3 million or 52.0 per cent of FY22 net profit.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jack888
893 posts
Posted by Jack888 > 2021-01-11 15:34 | Report Abuse
move to zhulian... dividend coming soon.