MR DIY’s earnings to rise on outlet expansion


According to RHB Research, the core net profit growth will be driven by post-Covid-19 demand normalisation, outlet expansion, healthy same-store sales growth (SSSG) and efficient cost management.

PETALING JAYA: MR DIY Group Bhd’s core net profit is forecast to grow by a three-year compounded annual growth rate (CAGR) of 25% to RM616mil in the financial year 2022 (FY22).

According to RHB Research, the core net profit growth will be driven by post-Covid-19 demand normalisation, outlet expansion, healthy same-store sales growth (SSSG) and efficient cost management.

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MR DIY , earnings , outlet expansion , RHB Research ,

   

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