M+ Online Research Team: Mr DIY Group (M) Bhd's Strong Performance - 2QFY23 Net Profit Soars 11.2% YoY
Our M+ Online Research Team just issued a Market Pulse on 10 August 2023.
Mr DIY Group (M) Bhd’s 2QFY23 net profit increased 11.2% YoY to RM150.3m, on the back of higher revenue from new stores and gross profit margin. Revenue for the quarter rose 4.9% YoY to RM1.10bn. A dividend of 0.8 sen per share, payable on 22nd September 2023 was declared.
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