D’TEMPAT COUNTRY CLUB (“d’ Tempat Club”) (Negeri Sembilan) Located in the heart of Bandar Sri Sendayan, d’Tempat Club has established itself a premier business, lifestyle and entertainment venue in Seremban. It represents a central point for a host of recreational options, offering banquet spaces and dining establishments to meet every need and creating a special place where the community can unwind in a friendly and serene atmosphere. d’Tempat Club continues to be well favoured as lifestyle, recreation and entertainment hub for the local community. In FY2023, d’Tempat Club continues to be a focal point for corporate and social events, including weddings, festive celebrations and more. In essence, the clubhouse continues to be an integral part of the communities’ social activities. In FY2023, revenues grew by 43.5% year-on-year to stand at RM23.2 million (FY2022: RM16.2 million). PAT stood at RM8.2 million, 78.7% higher than FY2022’s RM4.6 million). D’SORA BOUTIQUE BUSINESS HOTEL (“d’Sora Hotel”) (Negeri Sembilan) In FY2023, d’Sora Hotel registered a higher occupancy rate of 58.4% (FY2022: 40.7%). With the revival in international travel and tourism as well as domestic tourism, d’Sora Hotel has been able to increase room occupancy as well as generate increased revenues from the MICE segment and food and beverage offerings. The increase was in line with the return of pent-up travelling needs, which was similarly experienced nationwide, as all domestic travelling restriction were lifted in the second quarter of 2022. With the return of travellers, d’Sora Hotel posted revenue of RM2.5 million and loss after tax (“LAT”) of RM0.22 million in FY2023 compared to RM1.5 million and LAT RM0.33 million respectively in the previous year. Riding on d’Sora Hotel’s compelling value proposition of affordable, yet premium hotel services and facilities, value-for-money packages and its strategic location, Management is optimistic of improved performance in the financial year ahead. MANAGEMENT DISCUSSION & ANALYSIS INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 52 KEY MESSAGES
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