Matrix Concepts Holdings Berhad Third Quarter 2024 Earnings: EPS: RM0.046 (vs RM0.043 in 3Q 2023)

Matrix Concepts Holdings Berhad (KLSE:MATRIX) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM296.0m (down 19% from 3Q 2023).
• Net income: RM57.2m (up 5.3% from 3Q 2023).
• Profit margin: 19% (up from 15% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: RM0.046 (up from RM0.043 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Matrix Concepts Holdings Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Real Estate industry in Malaysia.

Performance of the Malaysian Real Estate industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Matrix Concepts Holdings Berhad that we have uncovered.

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