NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) 42. OPERATING SEGMENTS (CONT’D) 42.2 DISAGGREGATION OF REVENUE Revenue from contracts with customers is disaggregated by primary geographical market and timing of revenue recognition as below:- Property Development and Construction RM’000 Education RM’000 Hospitality RM’000 Others RM’000 Group RM’000 2023 Primary Geographical Markets Malaysia 998,512 12,347 25,369 2,621 1,038,849 Australia 74,209 - - - 74,209 1,072,721 12,347 25,369 2,621 1,113,058 Timing of Revenue Recognition At a point in time 104,753 - 8,191 - 112,944 Over time 967,968 12,347 17,178 2,621 1,000,114 1,072,721 12,347 25,369 2,621 1,113,058 Property Development and Construction RM’000 Education RM’000 Hospitality RM’000 Others RM’000 Group RM’000 2022 Primary Geographical Markets Malaysia 861,650 11,038 17,323 2,385 892,396 Timing of Revenue Recognition At a point in time 158,146 - 4,686 - 162,832 Over time 703,504 11,038 12,637 2,385 729,564 861,650 11,038 17,323 2,385 892,396 INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 223
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