Last updated on August 23, 2025
SELANGOR, 13 August 2025 – MR D.I.Y Group Berhad (“MR D.I.Y”), Malaysia’s largest home improvement retailer, has declared a second-quarter dividend of RM142.1 million for the period ended 30 June 2025 (2QFY2025), lifting total dividends for the first half of FY2025 (1HFY2025) to RM274.7 million. This equates to 82.5% of its profit after tax (PAT) for the six-month period.
“Our dividend payout has steadily increased over the years, reflecting our commitment to delivering strong cash returns to shareholders,” said Chief Executive Officer Adrian Ong. “Since our listing in 2020, we have consistently exceeded our 50–65% target payout range, supported by robust operating cash flows and solid financial performance, while still investing in growth.”
Revenue rose to RM1.2 billion in 2QFY2025 and RM2.5 billion in 1HFY2025, driven by contributions from new stores. Transaction volumes grew 5.0% and 7.0% year-on-year (y-o-y) to 48.5 million and 96.7 million, respectively, while the store network expanded 12.1% y-o-y to 1,502 outlets.
Gross profit climbed 6.4% y-o-y to RM579.5 million in the quarter and 10.6% y-o-y to RM1.2 billion in the half-year, buoyed by higher sales and an improved margin from lower inventory costs, aided by centralised procurement and a stronger Ringgit.
Profit before tax increased 2.0% y-o-y to RM212.0 million in 2QFY2025 and 10.7% y-o-y to RM446.1 million in 1HFY2025. Gains were partly offset by higher administrative and operating expenses, particularly staff costs following the revised minimum wage from 1 February 2025. Net profit rose 2.2% y-o-y to RM158.6 million in the quarter and 10.9% to RM332.7 million in the half-year.
Ong noted that the Group’s performance demonstrates resilience despite wage hikes, geopolitical volatility, and tariff adjustments, adding that recent domestic policy changes — including the revised Sales and Service Tax (SST) from July 2025 and the 2% EPF contribution for foreign workers — are not expected to have a significant impact.
He highlighted continued cautious consumer sentiment, with shoppers seeking value. “Our RM2 campaign, launched in April 2025, helps customers stretch their budgets. We will keep it running, now offering nearly 1,000 products.”
Looking ahead, Ong reaffirmed MR D.I.Y’s agility in meeting changing consumer needs and expressed optimism for the sector, citing positive economic indicators, a firmer Ringgit, and rising foreign investment.
The declared 2QFY2025 dividend of RM142.1 million marks a 25.2% y-o-y increase and a payout ratio of 89.6%. Total dividends over the trailing four quarters, including this payout, amount to 5.7 sen per share, translating to a dividend yield of 3.x% based on the RM1.6x closing share price.
