MR DIY’s recovery signals stronger future

Hong Leong Investment Bank Research noted that KKV stores generate three times higher monthly revenue than standard MR DIY outlets due to their premium product mix.

PETALING JAYA: For seven straight quarters, MR DIY Group (M) Bhd suffered a negative same-store sales growth (SSSG), which became a key drag on its earnings.

This, however, changed in the first quarter ended March 31, 2025 (1Q25), albeit with a small growth of 0.6% year-on-year (y-o-y).