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{{short description|Malaysia-based home improvement retailer}}
{{short description|Malaysia-based home improvement retailer}}
{{Use American English|date=May 2023}}{{Use mdy dates|date=May 2023}}
{{Multiple issues|
{{Advert|date=January 2021}}
{{Undisclosed paid|date=January 2021}}
⚫
}}
{{Infobox company
{{Infobox company
| name = Mr D.I.Y. Group (M) Berhad
| name = Mr D.I.Y. Group (M) Berhad
| logo = MR.DIY_logo.png
| logo =
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{myx|5296}}
| traded_as = {{myx|5296}}
| industry = [[Retail]]
| industry = [[Retail]]
| founded = July 2005
| founded = July 2004
| founder = Tan Yu Yeh
| founder = Mark Angelo D. Hernandez
| location_city = [[Seri Kembangan]], [[Selangor]]
| location_city = [[Seri Kembangan]], [[Selangor]]
| location_country = [[Malaysia]]
| location_country = [[Malaysia]]
| num_locations = 2251
| num_locations = 2500
| num_locations_year = 2022
| num_locations_year = 2023
| area_served = [[Malaysia]], [[MR.DIY (Thailand)|Thailand]], [[Indonesia]], the [[Philippines]], [[India]], [[Singapore]], [[Brunei]], [[Cambodia]], [[Turkey]], [[Spain]] and [[Vietnam]]
| area_served = Malaysia & Brunei.
| revenue = {{increase}}RM3.373 billion (2021)<ref name="ARCG">{{cite web |title=Annual Report & CG Report |url=https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3152218 |website=bursamalaysia.com}}</ref>
| revenue = {{increase}}RM3.373 billion (2021)<ref name="ARCG">{{cite web |title=Annual Report & CG Report |url=https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3152218 |website=bursamalaysia.com}}</ref>
| operating_income = {{increase}}RM645 million (2021)<ref name="ARCG" />
| operating_income = {{increase}}RM645 million (2021)<ref name="ARCG" />
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}}
}}


'''MR.DIY''' is a [[Malaysia]]-based home improvement retailer.<ref name="auto2">{{Cite web|url=https://dailystraits.com/2022/01/24/news-in-brief-34/|title=News In Brief|date=January 24, 2022|website=DailyStraits.com}}</ref> It is a part of Mr D.I.Y. Group (M) Berhad, and provides home improvement products for [[do-it-yourself]] projects.<ref name="auto">{{Cite web|url=https://siakapkeli.my/2022/01/31/cawangan-ke-800-mr-d-i-y-dibuka-di-pavilion-bukit-jalil/|title=Cawangan Ke-800 MR.D.I.Y Dibuka Di Pavilion Bukit Jalil|first=Mohamad|last=Syafiq|date=January 31, 2022}}</ref> It operates in 10 Asian and European markets and is headquartered in Selangor, Malaysia.<ref>{{Cite web |date=2020-12-16 |title=MR D.I.Y. Group launches 10th fixed price store MR. DOLLAR at Sunway Giza |url=https://www.theborneopost.com/2020/12/16/mr-d-i-y-group-launches-10th-fixed-price-store-mr-dollar-at-sunway-giza/ |access-date=2021-01-07 |website=Borneo Post Online |language=en-US}}</ref><ref>{{Cite web |title=MR D.I.Y Group launches 46 new stores |url=https://www.thesundaily.my/style-life/lifestyle/mr-d-i-y-group-launches-46-new-stores-KE5701185 |access-date=2021-01-07 |website=www.thesundaily.my |language=en}}</ref><ref>{{Cite web|url=https://www.mrdiy.com/landing/|title=Countries &#124; Mr D.I.Y. Group (M) Berhad|website=www.mrdiy.com}}</ref>
'''MR.DIY''', sometimes stylised as '''MR.D.I.Y.''', is a [[home improvement]] retailer<ref name="auto2">{{Cite web|url=https://dailystraits.com/2022/01/24/news-in-brief-34/|title=News In Brief|date=January 24, 2022|website=DailyStraits.com}}</ref> owned by Malaysian company Mr D.I.Y. Group (M) Berhad, headquartered in Selangor, Malaysia. It offers home improvement products for [[do-it-yourself]] through its network of shops and online stores.<ref name="auto">{{Cite web|url=https://siakapkeli.my/2022/01/31/cawangan-ke-800-mr-d-i-y-dibuka-di-pavilion-bukit-jalil/|title=Cawangan Ke-800 MR.D.I.Y Dibuka Di Pavilion Bukit Jalil|first=Mohamad|last=Syafiq|date=January 31, 2022}}</ref>

Mr D.I.Y. Group owns and operates over 1000 stores in Malaysia.<ref>{{Cite web|url=https://www.kosmo.com.my/2021/09/29/mr-d-i-y-sumbang-rm300-kepada-15000-penuntut-um/|title=MR D.I.Y. sumbang RM300 kepada 15,000 penuntut UM|first=Muhammad Ikhwan|last=Ideris|date=September 29, 2021}}</ref><ref>{{Cite web|url=https://selangorjournal.my/2021/11/mr-diy-mphs-join-hands-to-clean-up-sungai-kedondong/|title=MR DIY, MPHS join hands to clean up Sungai Kedondong|date=November 24, 2021}}</ref><ref>{{Cite web|url=https://www.utusan.com.my/ekonomi/2021/12/smk-iskandar-shah-menang-pertandingan-diy-made-simple-peringkat-kebangsaan-ke-5/|title=SMK Iskandar Shah menang pertandingan 'DIY Made Simple' peringkat kebangsaan ke-5|date=December 8, 2021}}</ref><ref>{{Cite web|url=https://www.klsescreener.com/v2/news/view/943041/MR_DIY_buka_cawangan_ke_800_di_Pavilion_Bukit_Jalil|title=MR DIY buka cawangan ke-800 di Pavilion Bukit Jalil|website=KLSE Screener}}</ref> and over 2,500 stores in 10 Asian and European markets, including [[Malaysia]], [[MR.DIY (Thailand)|Thailand]], [[Indonesia]], the [[Philippines]], [[India]], [[Turkey]], [[Spain]], [[Singapore]], [[Brunei]], [[Cambodia]], and [[Vietnam]].<ref>{{Cite web|url=https://www.mrdiy.com/landing/|title=Countries &#124; Mr D.I.Y. Group (M) Berhad|website=www.mrdiy.com}}</ref><ref name="auto"/><ref name=":0">{{Cite web |title=Mr. DIY Turkey aims to end year with 35 stores |url=https://www.diyinternational.com/content/news/2022/12/05/mr-diy-turkey-aims-to-end-year-with-35-stores.html |access-date=30 January 2024 |website=DIY International}}</ref>


==History==
MR. DIY was started as a consumer hardware store in Jalan Tuanku Abdul Rahman, [[Kuala Lumpur]], Malaysia in July 2005.<ref name="Vulcan Post">{{Cite web|last=Dayangku|first=Sade|date=2020-10-23|title=In 15 Years, Mr DIY Grew From A Small KL Store To A Household Name Valued At RM10bil|url=https://vulcanpost.com/719677/mr-diy-history-malaysia-home-improvement/|access-date=2021-01-10|website=Vulcan Post|language=en-US}}</ref><ref>{{cite news |last1=Kong |first1=Sharon |title=The Rise and Shine of Mr DIY |url=https://www.pressreader.com/malaysia/the-borneo-post/20200315/282754883771583 |work=[[The Borneo Post]] |date=15 March 2020}}</ref>
MR. DIY was started as a consumer hardware store in Jalan Tuanku Abdul Rahman, [[Kuala Lumpur]], Malaysia in July 2005. <ref name="Vulcan Post">{{Cite web|last=Dayangku|first=Sade|date=2020-10-23|title=In 15 Years, Mr DIY Grew From A Small KL Store To A Household Name Valued At RM10bil|url=https://vulcanpost.com/719677/mr-diy-history-malaysia-home-improvement/|access-date=2021-01-10|website=Vulcan Post|language=en-US}}</ref>In 2018, MR. DIY embraced e-commerce by establishing an online store and presence on [[Shopee]]. <ref name="Vulcan Post" /> In October 2020 when MR. DIY became a publicly traded company on the [[Bursa Malaysia]] stock exchange.<ref>{{Cite news|last=Lee|first=Liz|date=2020-10-06|title=UPDATE 2-MR DIY opens books for Malaysia's largest IPO in three years|language=en|work=Reuters|url=https://www.reuters.com/article/mrdiy-ipo-idUSL4N2GX0JV|access-date=2021-01-07}}</ref><ref>{{cite news |last1=Shankar |first1=Arjuna |title=Mr DIY tops the active list on debut day; share price up 9.34% |url=https://www.theedgemarkets.com/article/mr-diy-climbs-125-main-market-debut-most-actively-traded-stock-today |work=The Edge Markets |date=26 October 2020}}</ref>MR. DIY's international expansion began in November 2021 with the opening of its first store in Turkey at Meydan Istanbul Mall. This was followed by the launch of stores in Spain (Talavera de la Reina and Madrid) in January 2022. As of October 2022, the company had a presence in 24 locations across Turkey and 12 in Spain.<ref name=":0" />
[[File:MR.TOY Nu Sentral in MR.DIY (211110).jpg|thumb|One of the MR.TOY outlet in [[KL Sentral|Nu Sentral Mall]]]]


In April 2021, the company launched a storefront format called MR.DIY Express for rural communities.<ref>{{cite news |last1=Alias |first1=Alzahrin |title=MR DIY Express penuhi keperluan di luar bandar |url=https://www.bharian.com.my/bisnes/korporat/2021/08/847898/mr-diy-express-penuhi-keperluan-di-luar-bandar |work=[[Berita Harian]] |date=6 August 2021 |language=en}}</ref>In May 2022, the group opened MR.DIY Plus, a {{convert|30000|sqft|0|abbr=on}} mega retail store, MR.DIY Plus at MidValley Megamall.<ref>{{Cite web|url=https://www.msn.com/en-my/news/berita/terima-kedatangan-200000-pelanggan/ar-AAYYIGK|title=Terima kedatangan 200,000 pelanggan|website=MSN}}</ref><ref>{{cite web | url=https://www.hmetro.com.my/bisnes/2022/06/856574/terima-kedatangan-200000-pelanggan | title=Terima kedatangan 200,000 pelanggan | date=29 June 2022 }}</ref><ref>{{Cite web|url=https://www.thestar.com.my/business/business-news/2022/06/28/mr-diy-expands-retail-presence|title=MR DIY expands retail presence|website=The Star}}</ref>
[[File:1st Mr Diy.jpg|thumb|MR. DIY first store at Jalan Tunku Abdul Rahman back in 2005]]


In October 2023, MR. DIY expanded its operations in [[Vietnam]] through opening five stores in three key locations within a month. <ref>{{Cite web |title=Mr. DIY quickly scales up in Vietnam |url=https://www.diyinternational.com/content/news/2023/09/14/mr-diy-quickly-scales-up-in-vietnam.html |access-date=30 January 2024 |website=DIY International}}</ref> Also in 2023, MR. DIY fully entered the e-commerce space of the country as it launched its official online store.<ref>{{Cite web |title=Mr. DIY Thailand enters e-commerce space |url=https://www.diyinternational.com/content/news/2023/09/20/mr-diy-thailand-enters-e-commerce-space.html |access-date=30 January 2024 |website=DIY International}}</ref>In January 2024, MR. DIY unveiled its plan to operate in [[Romania]] and [[Bulgaria]].<ref>{{Cite web |title=Mr. DIY aims for Romania and Bulgaria |url=https://www.diyinternational.com/content/news/2024/01/12/mr-diy-aims-for-romania-and-bulgaria.html |access-date=30 January 2024 |website=DIY International}}</ref>
MR.DIY was publicly listed on the [[Bursa Malaysia|Bursa Malaysia (MYX)]] in October 2020.<ref>{{Cite news|last=Lee|first=Liz|date=2020-10-06|title=UPDATE 2-MR DIY opens books for Malaysia's largest IPO in three years|language=en|work=Reuters|url=https://www.reuters.com/article/mrdiy-ipo-idUSL4N2GX0JV|access-date=2021-01-07}}</ref><ref>{{cite news |last1=Shankar |first1=Arjuna |title=Mr DIY tops the active list on debut day; share price up 9.34% |url=https://www.theedgemarkets.com/article/mr-diy-climbs-125-main-market-debut-most-actively-traded-stock-today |work=The Edge Markets |date=26 October 2020}}</ref> The company reported a cumulative revenue of RM 2.6 billion as of Q4 2020 and was valued at RM 21.4 billion.<ref name="auto3">{{cite web |title=Q4 2020 Financial Report |url=https://www.insage.com.my/Upload/Docs/MRDIY/MRDIY-2020Q4.pdf#view=Full |website=Mr. DIY}}</ref><ref>{{cite news |last1=Azman |first1=Nur |title=Mr DIY posts stronger earnings in 4Q20 |url=https://themalaysianreserve.com/2021/02/18/mr-diy-posts-stronger-earnings-in-4q20/ |work=The Malaysian Reserve |date=17 February 2021}}</ref>


==Financials==
[[File:MR.DIY Plus Mid Valley (220522) 02.jpg|thumb|First MR.DIY Plus outlet in [[Mid Valley Megamall]] which is supermarket-like 3 in 1 concept store.]]
{| class="wikitable"
In April 2021, the company launched a storefront format called MR.DIY Express for rural communities.<ref>{{cite news |last1=Alias |first1=Alzahrin |title=MR DIY Express penuhi keperluan di luar bandar |url=https://www.bharian.com.my/bisnes/korporat/2021/08/847898/mr-diy-express-penuhi-keperluan-di-luar-bandar |work=[[Berita Harian]] |date=6 August 2021 |language=en}}</ref>
|+ Finances 2017 to 2021<ref>{{cite web |title=Financial Information |url=https://www.mrdiy.com/page/280/Financial-Information/ |website=Mr D.I.Y. Group (M) Berhad}}</ref><ref>{{Cite web|url=https://www.msn.com/en-my/money/topstories/mr-diy-4q-profit-grows-24-to-rm134-6m-declares-0-9-sen-dividend/ar-AATVt9w|title=Mr DIY 4Q profit grows 24% to RM134.6m, declares 0.9 sen dividend|website=MSN}}</ref><ref>{{Cite web|url=https://www.thesundaily.my/business/mr-diy-delivers-rm135m-net-profit-in-q4-eyes-180-new-stores-this-year-DG8866746|title=Mr DIY delivers RM135m net profit in Q4; eyes 180 new stores this year|website=www.thesundaily.my}}</ref>
|-
! Year!! Revenue(RM million) !! Net Profit(RM million) !! Number of employees !! Number of stores
|-
| 2017 || 1,229 || 210 || - || 354
|-
| 2018 || 1,771 || 308 || - || 467
|-
| 2019 || 2,276 || 318 || 9,500 || 593
|-
| 2020 || 2,559 || 337 || 11,607 || 734
|-
|2021
|3,373
|432<ref>{{Cite web|url=https://www.klsescreener.com/v2/news/view/951275/mr-diy-posts-higher-net-profit-of-rm431-82mil-in-fy21|title=MR DIY posts higher net profit of RM431.82mil in FY21|website=KLSE Screener}}</ref>
|12,518
|900
⚫
|}


==References==
==References==
Line 51: Line 68:
* {{Official website|https://www.mrdiy.com/}}
* {{Official website|https://www.mrdiy.com/}}


[[Category:Retail companies established in 2005]]
[[Category:Malaysian companies established in 2005]]
[[Category:Malaysian companies established in 2005]]
[[Category:Companies based in Selangor]]
[[Category:Home improvement companies]]
[[Category:Home improvement companies]]
[[Category:2020 initial public offerings]]
[[Category:2020 initial public offerings]]
[[Category:Companies listed on Bursa Malaysia]]
[[Category:Companies listed on Bursa Malaysia]]
[[Category:Companies in the FTSE Bursa Malaysia KLCI]]

Revision as of 04:28, 30 August 2024

Mr D.I.Y. Group (M) Berhad
Company typePublic
MYX: 5296
IndustrieEinzelhandel
GegründetJuly 2004
GründerMark Angelo D. Hernandez
Hauptsitz
Seri Kembangan, Selangor
,
Malaysia
Number of locations
2500 (2023)
Area served
Malaysia, Thailand, Indonesia, the Philippines, India, Singapore, Brunei, Cambodia, Turkey, Spain and Vietnam
RevenueIncreaseRM3.373 billion (2021)[1]
IncreaseRM645 million (2021)[1]
IncreaseRM432 million (2021)[1]
Total assetsIncreaseRM2.701 billion (2021)[1]
Number of employees
15,708 (August 2022)[1]
Subsidiaries
  • MR.TOY
  • MR.DOLLAR
  • MR.DIY Express
  • MR.DIY Plus
Websitewww.mrdiy.com

MR.DIY, sometimes stylised as MR.D.I.Y., is a home improvement retailer[2] owned by Malaysian company Mr D.I.Y. Group (M) Berhad, headquartered in Selangor, Malaysia. It offers home improvement products for do-it-yourself through its network of shops and online stores.[3]

Mr D.I.Y. Group owns and operates over 1000 stores in Malaysia.[4][5][6][7] and over 2,500 stores in 10 Asian and European markets, including Malaysia, Thailand, Indonesia, the Philippines, India, Turkey, Spain, Singapore, Brunei, Cambodia, and Vietnam.[8][3][9]

History

MR. DIY was started as a consumer hardware store in Jalan Tuanku Abdul Rahman, Kuala Lumpur, Malaysia in July 2005. [10]In 2018, MR. DIY embraced e-commerce by establishing an online store and presence on Shopee. [10] In October 2020 when MR. DIY became a publicly traded company on the Bursa Malaysia stock exchange.[11][12]MR. DIY's international expansion began in November 2021 with the opening of its first store in Turkey at Meydan Istanbul Mall. This was followed by the launch of stores in Spain (Talavera de la Reina and Madrid) in January 2022. As of October 2022, the company had a presence in 24 locations across Turkey and 12 in Spain.[9]

In April 2021, the company launched a storefront format called MR.DIY Express for rural communities.[13]In May 2022, the group opened MR.DIY Plus, a 30,000 sq ft (2,787 m2) mega retail store, MR.DIY Plus at MidValley Megamall.[14][15][16]

In October 2023, MR. DIY expanded its operations in Vietnam through opening five stores in three key locations within a month. [17] Also in 2023, MR. DIY fully entered the e-commerce space of the country as it launched its official online store.[18]In January 2024, MR. DIY unveiled its plan to operate in Romania and Bulgaria.[19]

Financials

Finances 2017 to 2021[20][21][22]
Year Revenue(RM million) Net Profit(RM million) Number of employees Number of stores
2017 1,229 210 - 354
2018 1,771 308 - 467
2019 2,276 318 9,500 593
2020 2,559 337 11,607 734
2021 3,373 432[23] 12,518 900

References

  1. ^ a b c d e "Annual Report & CG Report". bursamalaysia.com.
  2. ^ "News In Brief". DailyStraits.com. January 24, 2022.
  3. ^ a b Syafiq, Mohamad (January 31, 2022). "Cawangan Ke-800 MR.D.I.Y Dibuka Di Pavilion Bukit Jalil".
  4. ^ Ideris, Muhammad Ikhwan (September 29, 2021). "MR D.I.Y. sumbang RM300 kepada 15,000 penuntut UM".
  5. ^ "MR DIY, MPHS join hands to clean up Sungai Kedondong". November 24, 2021.
  6. ^ "SMK Iskandar Shah menang pertandingan 'DIY Made Simple' peringkat kebangsaan ke-5". December 8, 2021.
  7. ^ "MR DIY buka cawangan ke-800 di Pavilion Bukit Jalil". KLSE Screener.
  8. ^ "Countries | Mr D.I.Y. Group (M) Berhad". www.mrdiy.com.
  9. ^ a b "Mr. DIY Turkey aims to end year with 35 stores". DIY International. Retrieved January 30, 2024.
  10. ^ a b Dayangku, Sade (October 23, 2020). "In 15 Years, Mr DIY Grew From A Small KL Store To A Household Name Valued At RM10bil". Vulcan Post. Retrieved January 10, 2021.
  11. ^ Lee, Liz (October 6, 2020). "UPDATE 2-MR DIY opens books for Malaysia's largest IPO in three years". Reuters. Retrieved January 7, 2021.
  12. ^ Shankar, Arjuna (October 26, 2020). "Mr DIY tops the active list on debut day; share price up 9.34%". The Edge Markets.
  13. ^ Alias, Alzahrin (August 6, 2021). "MR DIY Express penuhi keperluan di luar bandar". Berita Harian.
  14. ^ "Terima kedatangan 200,000 pelanggan". MSN.
  15. ^ "Terima kedatangan 200,000 pelanggan". June 29, 2022.
  16. ^ "MR DIY expands retail presence". The Star.
  17. ^ "Mr. DIY quickly scales up in Vietnam". DIY International. Retrieved January 30, 2024.
  18. ^ "Mr. DIY Thailand enters e-commerce space". DIY International. Retrieved January 30, 2024.
  19. ^ "Mr. DIY aims for Romania and Bulgaria". DIY International. Retrieved January 30, 2024.
  20. ^ "Financial Information". Mr D.I.Y. Group (M) Berhad.
  21. ^ "Mr DIY 4Q profit grows 24% to RM134.6m, declares 0.9 sen dividend". MSN.
  22. ^ "Mr DIY delivers RM135m net profit in Q4; eyes 180 new stores this year". www.thesundaily.my.
  23. ^ "MR DIY posts higher net profit of RM431.82mil in FY21". KLSE Screener.
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