MR DIY’s revenue recorded a positive increase after recording a record profit in the first quarter of 2025.
The surge was driven by high festive season sales, improving gross profit and continued store expansion.
MR DIY also plans to open 190 new stores in 2025 with new concepts, supported by high confidence that the United States (US) tariffs will not threaten the company’s performance.
MR DIY CEO Adrian Ong stated that despite market fluctuations following the tariff issue, their position remains strong and is optimistic that the US tariffs will not affect the business.
Adrian said he believes MR DIY is on the right track in driving operational efficiency and is determined to deliver long-term stable value to key stakeholders.
MR DIY announced a 20.2% increase in net profit to RM174.15 million compared to RM144.88 million last year.
Furthermore, quarterly revenue strengthened 10.5% to RM1.26 billion from RM1.14 billion last year due to extensive store expansion.
In the 12-month period, MR DIY has expanded its business market with the addition of 173 new stores, recording a total of 1,471 companies successfully established.
MR DIY's share price rose from a low of RM1.30 in November last year to RM1.67 on Monday with a total value of RM15.18 billion.
