MR DIY sales to bounce higher in coming quarters


KUALA LUMPUR: Fresh off disappointing earnings results, MR DIY Group (M) Bhd is expected to see a rebound in sales as the government gradually eases off operational restrictions in 3Q21.

The home improvement retailer has faced business disruption from the recent lockdown, leading to a 1H21 core net profit of RM207mil that met only 40% of the consensus full-year estimate.

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RHB Research , MR DIY , retail

   

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