MR D.I.Y. plans to open 190 new stores in 2025, declares 1 sen dividend


Affin Hwang raised its earnings forecast for FY25 to FY26 by 5.7% to 9.3% after revising upwards its gross profit margin assumptions.

KUALA LUMPUR: MR D.I.Y. Group (M) Bhd's 2025 growth plan includes opening 190 new stores across its core brands, including KKV, which is expected to drive revenue growth and sustain profitability.

“The group's investment in the KKV retail chain complements its existing offerings and is projected to further enhance overall profitability,” the home improvement retailer said in the notes accompanying its financial results.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MR DIY , KKV , dividend

Next In Business News

More bullishness on Philippine equities
Rising solar module prices to challenge cost discipline
Turning footfall into higher profits
Chinese tea chains pour into US
Capitalising on the tourism momentum
Leadership exodus tests Malaysia’s digital banks
POWERING ASEAN’S DIGITAL GROWTH
Jobs mantra in Davos
Navigating Fed uncertainty
Doubts over Viet reform drive

Others Also Read