KUALA LUMPUR: MR D.I.Y. Group (M) Bhd will continue to expand its retail footprint by strategically launching new stores across its core and sub-brands in 2025.
“These efforts aim to reinforce the group’s market leadership and its position as the value retailer of choice for all Malaysians,” the home improvement retailer said in the notes accompanying its financial results.
MR D.I.Y. sees no material impact on its business operations despite market volatility from geopolitical tensions, tariff changes, and domestic policy shifts, including the revised Sales and Service Tax in July 2025 and the 2% EPF contribution for foreign workers.
In the second quarter ended June 30 (2Q25), MR D.I.Y.’s net profit rose 2.2% to RM158.6mil, or 1.67 sen per share, lifting first-half (1H25) net profit 10.9% to RM332.7mil, or 3.51 sen per share.
Quarterly revenue rose 1.5% to RM1.2bil, lifting first-half revenue 5.6% to RM2.47bil from RM2.3bil in 1H24.
The group opened 31 net new stores during the quarter, bringing the total to 1,502 as at 1H25 - an increase of 12.1% year-on-year (y-o-y).
Total transactions rose 5.0% y-o-y to 48.5 million, partially offset by a 3.3% decline in average basket size, mainly due to fewer items per transaction.
MR D.I.Y said it remained focused on delivering long-term, sustainable value to stakeholders through strategic investments in growth and technology to enhance operational efficiency, while maintaining a consistent dividend policy.
For 2Q25, the group declared an interim single-tier dividend of RM0.015 per ordinary share, amounting to about RM142.1mil, representing an 89.6% payout ratio.
The dividend will be paid on Sept 8 to shareholders on the Record of Depositors as at Aug 29.
