MR DIY’s prospects intact

At last look, MR DIY was at the RM3.86 level valuing the company at over RM24bil.

PETALING JAYA: It appears the hype that surrounded MR DIY Group (M) Bhd’s listing last year is justified, if its recent financial results are anything to go by.

The retailer of home improvement products said last week its net profit more than doubled to RM124.79mil in the first quarter ended March 31,2021 from RM58.46mil a year earlier.