KUALA LUMPUR: MR DIY Group Bhd posted a higher net profit of RM431.82 million for the financial year ended Dec 31, 2021 (FY2021) compared with RM337.16 million in the previous year.
Revenue rose to RM3.37 billion from RM2.55 billion previously driven by an increase in the number of stores, positive contribution from new stores and higher average basket size, it said in a filing with Bursa Malaysia today.
The retailer said its store network grew by 23 per cent year-on-year to 900 in Q4 FY2021 from 734 in Q4 FY2020, representing a net growth of 166 stores across its four brands, namely MR DIY, MR DIY Express, MR TOY and MR DOLLAR.
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