Mr DIY posts record quarterly earnings, plans 190 new stores in 2025 as it dismisses US tariff concerns

KUALA LUMPUR (May 5): Higher festive sales, improved gross margins, and continued store expansion lifted Mr DIY Group (M) Bhd’s (KL:MRDIY) revenue and net profit to record highs in the first quarter ended March 31, 2025 (1QFY2025). 

The home improvement retailer said it plans to open 190 new stores in 2025, including new retail concepts, as it is confident that current US tariffs will not impact its performance and maintained a positive outlook for the year.