Mr DIY 2Q net profit, revenue increase on higher total transactions, new stores

KUALA LUMPUR: Mr D.I.Y Group (M) Bhd's net profit in the second quarter ended June 30, 2022 (Q2) increased to RM135.19 million from RM82.13 million while revenue jumped 38 per cent year-on-year (y-o-y) to RM1.05 billion from RM759.8 million.

In a filing with Bursa Malaysia today, the company attributed the higher net profit and revenue to the increase in total transactions which grew 35.0 per cent y-o-y to 36.1 million, as well as contributions from new stores, which increased 20.1 per cent y-o-y from 827 to 993.