MR DIY 2Q26 net profit falls to RM134.4mil


KUALA LUMPUR: MR DIY Group (M) Bhd posted a lower net profit of RM134.40 million for the second quarter of financial year 2026 (2Q FY2026) ended June 30, 2026 from RM158.58 million in the corresponding quarter of the preceding year.

Revenue rose to RM1.25 billion for the quarter, compared with RM1.21 billion previously, driven by the continued expansion of the group’s store network, which grew 7.2 per cent from 1,502 stores as at June 30, 2025 to 1,610 stores as at June 30, 2026.

In a filing with Bursa Malaysia, it said the group’s net profit for the first half of FY2026 (1H FY2026) was lower at RM326.43 million from RM332.73 million, while revenue increased to RM2.63 billion from RM2.47 billion previously.

"The group declared a total interim dividend of RM0.033 per share, comprising an interim dividend of RM0.013 per share and an additional interim dividend of RM0.02 per share.

"Total dividends declared for 1H FY2026 amounted to RM464.4 million, representing a payout ratio of 142.3 per cent of profit after tax,” it said.

Looking ahead, MR DIY will continue to pursue a measured and disciplined expansion strategy, guided by sustainable store-level economics and prudent capital allocation. - Bernama

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