chairman’s statement As a homegrown developer, we take pride in our mission to cra[ tailored homeownership soluঞons. Our goal is to deliver spacious, affordable luxury homes in thriving townships -bringing the dream of homeownership to aspiring owners and making it a reality. PROPERTY DEVELOPMENT: BUILDING LEGACIES, CREATING VALUE The property development landscape in FY2025 was one of both challenges and triumphs. At Matrix, we have always believed that business forঞtude is not just about weathering storms but about emerging stronger, wiser, and more determined. Our REVIEW OF PERFORMANCE Against this challenging backdrop, Matrix achieved a total revenue of RM1,150.7 million in FY2025, a 14.4% decrease from RM1,344.1 million in FY2024. The decline was due to lower revenue recogniঞon. Our property development segment remained the cornerstone of our success. In FY2025, residenঞal properঞes contributed RM993.2 million in revenue, a 19.0% decrease from the previous year, while commercial and industrial properঞes generated RM93.1 million, 27.1% growth. These achievements were supported by our other business units, which brought in RM64.5 million in revenue in FY2025, 44.5% increase over FY2024. These figures are testament to the strength of our diversified porolio and our ability to adapt to market demands. The rapid adopঞon and growing dependence on digitalisaঞon in today’s business landscape have solidified our digital plaorms as integral components of our standard office operaঞons. We remain commied to pushing technological boundaries - enhancing efficiency, adapঞng our products to cater to the fast-evolving market trends and ulঞmately, ensuring saঞsfacঞon of our customers. unwavering commitment to excellence, coupled with decades of strategic foresight and business acumen, has enabled us to navigate the complexiঞes of the market in FY2025 and deliver a strong performance. During the year, we successfully launched over 10 projects at Sendayan Developments, with a Gross Development Value (“GDV”) of RM1,451.9 million. While this represented a 10.0% increase from the previous year’s GDV of RM1,320.1 million, the average take-up rate of 76.2% speaks volumes about the growing trust and acceptance of our developments, parঞcularly among homebuyers from the Klang Valley. “The group’s diversificaton drive is gradually showing encouraging signs. In fy2025 revenue from other business units grew by 44.5%, underpinning the group’s efforts in Diversifying its revenue Stream” Resort Villa, Bandar Sri Sendayan TOTAL ASSETS RM3,245.0 MILLION NET ASSETS PER SHARE RM1.19 26 MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 03 KEY MESSAGES
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