To Our Shareholders,

I am pleased to present to our shareholders the annual report of Matrix Holdings Limited (the “Company”) and its subsidiaries (collectively the “Group”) for the financial year ended 31 December 2021.

For the year of 2021 (the “year”), the Group’s consolidated revenue increased by approximately HK$181,496,000 or 20.1% to approximately HK$1,082,637,000 from approximately HK$901,141,000 of last year. The profit attributable to the owners of the Company amounted to approximately HK$55,092,000, representing an increase of 420.3% as compared with the last year’s profit in approximately HK$10,588,000.

The worldwide spread of omicron variant hindered the economic recovery in 2021. Many countries noted record high novel coronavirus disease (COVID-19) confirmed cases and strengthened social distancing restrictive measures. Some production plants were negatively impacted by the omicron outbreak. Nevertheless, the Company prudently manages its financial and cash position to mitigate the risk exposure caused by COVID-19 pandemic. The overall financial position of the Group remains sound and robust.

Lastly, I would like to express my sincere appreciation to all of our stakeholders, including shareholders, customers, business partners and suppliers, for their continuous support and trust in all aspects of the Group’s activities. I would also like to express my gratitude to the management and the entire staff for their indispensable and enthusiastic contribution and commitment to the Group.

Cheng Yung Pun


Hong Kong, 28th March, 2022