PROJECT HIGHLIGHTS Matrix launched a total of 2,207 units in FY2023 with a cumulative value of RM1.27 billion (FY2022: RM917 million). Unbilled sales as at end FY2023 stood at RM1.44 billion (FY2022: RM1.30 billion), providing firm revenue and earnings visibility for Matrix going forward. MANAGEMENT DISCUSSION & ANALYSIS Projects Launched FY23 RM1,273.0 mil NS Dev RM1,179.4 mil Johor Dev RM93.6 mil Others - Ongoing Projects FY23 RM3,164.8 mil NS Dev RM2,985.8 mil Johor Dev RM176.2 mil Others RM2.8 mil Projects Completed FY23 RM992.2 mil NS Dev RM438.4 mil Johor Dev RM155.2 mil Others RM398.6 mil New Property Sales RM1.2 bil Average Take-up Rate (units) 84.0% Unbilled Sales RM1.4 bil Total Landbank 2,203.7 acres Total GDV RM15.8 bil Bayu Sutera INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 48 KEY MESSAGES
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