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Military Officers Detained for Suspected RM5 Million Smuggling Operation in Southern Malaysia

Kuala Lumpur, Aug 13 - The net profit of MR DIY Group (M) Bhd in Q2FY2025 (June 30, 2025) increased, climbing up from RM155.21 million to RM158.58 million compared to the same period.

Military officers detained for suspected involvement in RM5 million illicit trafficking network in...
Military officers detained for suspected involvement in RM5 million illicit trafficking network in southern Malaysia

Military Officers Detained for Suspected RM5 Million Smuggling Operation in Southern Malaysia

MR DIY Group (M) Bhd, a leading home improvement retailer in Malaysia, has announced its financial results for the second quarter of 2025 (2QFY2025), revealing a net profit of RM158.58 million – a 2.2% year-on-year (YoY) increase. This growth was supported by revenue that reached RM1.2 billion[1][2].

The company's strong cash position of RM283 million at quarter-end[3] has enabled it to pursue steady expansion in the second half of 2025, aiming to offset weak consumer sentiment. This expansion strategy is expected to reinforce MR DIY's market leadership and position as the value retailer of choice for Malaysians[4].

Despite not specifically reporting dividend payout details for Q2 FY2025, MR DIY has historically maintained steady payouts in line with its solid earnings and balance sheet. Analysts continue to favor MR DIY due to its resilient performance amid competitive retail conditions[3][4].

MR DIY's growth strategy for the coming months focuses on outlet expansion and catering to stronger consumer purchasing power, influenced by minimum wage hikes and government social assistance. Market analysts see MR DIY as a better option compared to peers like 99 Speed Mart, attributing this to its valuation and defensive positioning in the consumer discretionary sector[4].

In terms of financial performance, the retailer opened 31 new stores during the second quarter of 2025, bringing the total to 1,502 stores as of 1HFY2025[5]. The revenue growth was attributed to contributions from these new stores, resulting in a revenue of RM1.21 billion for the quarter, a 1.5% increase from the same quarter of the previous year[6].

Adrian Ong, the CEO of MR DIY, stated that the retailer has consistently increased its dividend payout over the years to deliver strong cash returns to shareholders[7]. In fact, the total dividend payout for the first half of the financial year 2025 (1HFY2025) is now RM274.7 million[8].

Despite potential market volatility from geopolitical tensions, tariff adjustments, changes to domestic policies, revised Sales and Service Tax (effective July 2025), or the 2% Employees Provident Fund contribution for foreign workers, MR DIY does not anticipate these factors to have a significant impact on its business operations[9].

In a recent announcement, MR DIY has declared an interim single-tier dividend of 1.5 sen per ordinary share, totaling RM142.1 million, to be paid on Sep 8, 2025, in respect of the financial year ending Dec 31, 2025[10].

However, the average basket size declined by 3.3% in the second quarter of 2025, mainly due to fewer items per transaction. Total transactions for the quarter rose 5.0% year-on-year to 48.5 million[11]. The total number of stores increased by 12.1% YoY[12].

In summary, MR DIY Group (M) Bhd's Q2 FY2025 net profit stands at RM158.58 million (+2.2% YoY), with revenue reaching RM1.2 billion. The company is planning steady outlet expansion in the second half of 2025, maintaining its dividend payout strategy, and aiming to reinforce its market leadership.

[1] The Edge Markets

[2] Malay Mail

[3] Bernama

[4] The Edge Markets

[5] The Edge Markets

[6] The Edge Markets

[7] The Edge Markets

[8] The Edge Markets

[9] The Edge Markets

[10] The Edge Markets

[11] The Edge Markets

[12] The Edge Markets

  1. The news of MR DIY's Q2 FY2025 financial results shows a net profit increase in Malaysia, displaying a growth in the nation's business sector.
  2. Kuala Lumpur is expected to witness an expansion of MR DIY stores, strengthening the retailer's market leadership and position in the country's consumer discretionary sector.
  3. Amid the announcement of an interim single-tier dividend for Q2 FY2025, general news outlets also report on potential political and economic factors that might influence the business and investment landscape in Malaysia, including geopolitical tensions, tariff adjustments, and changes to domestic policies.

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