MR.DIY
{{short description|Malaysia-based home improvement retailer}}
{{Use American English|date=May 2023}}{{Use mdy dates|date=May 2023}}
{{Infobox company
| name = Mr D.I.Y. Group (M) Berhad
| logo = MR.DIY 2009.svg
| logo_caption = Logo used since 2009
| type = Public
| traded_as = {{myx|5296}}
| industry = Retail
| founded = July 2005
| founder = Tan Yu Yeh
| location_city = Seri Kembangan, Selangor
| location_country = Malaysia
| num_locations = 4324{{Cite web|url=https://www.mrdiy.com/landing|title=Landing | Mr.DIY|website=Mr. DIY}}
| num_locations_year = 8 December 2024
| area_served = Malaysia, Thailand, Indonesia, the Philippines,Poland, India, Singapore, Brunei, Cambodia, Turkey, Spain, Hong Kong, and Vietnam
| revenue = {{increase}}RM3.373 billion (2021){{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}}
| operating_income = {{increase}}RM645 million (2021)
| net_income = {{increase}}RM432 million (2021)
| assets = {{increase}}RM2.701 billion (2021)
| num_employees = 15,708 (August 2022)
| website = {{URL|https://www.mrdiy.com/}}
| subsid = {{plainlist|
- MR.TOY
- MR.DOLLAR
- MR.DIY Express
- MR.DIY Plus
}}
| image = MR D.I.Y. 1 Utama.jpg
| image_caption = Branch at 1 Utama Shopping Centre, Bandar Utama, Selangor
}}
MR.DIY, stylized as MR.D.I.Y., is the largest home improvement retailer in Malaysia.{{Cite web|url=https://dailystraits.com/2022/01/24/news-in-brief-34/|title=News In Brief|date=January 24, 2022|website=DailyStraits.com}} Owned by Malaysian company Mr D.I.Y. Group, it offers home improvement products for do-it-yourself through its network of shops and online stores.{{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}}
Mr D.I.Y. Group owns and operates over 1,000 stores in Malaysia{{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}}{{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}}{{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}}{{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}} and over 3,000 stores in 10 Asian and European markets, including Malaysia, Thailand, Indonesia, the Philippines, India, Turkey, Spain, Singapore, Brunei, Cambodia, Hong Kong, and Vietnam.{{Cite web|url=https://www.mrdiy.com/landing/|title=Countries | Mr D.I.Y. Group (M) Berhad|website=www.mrdiy.com}}{{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}}
History
MR. DIY was started as a consumer hardware store in Jalan Tuanku Abdul Rahman, Kuala Lumpur, Malaysia in July 2005.{{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}} In 2018, MR. DIY embraced e-commerce by establishing an online store and presence on Shopee. In October 2020, MR. DIY became a publicly traded company on the Bursa Malaysia stock exchange.{{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}}{{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}} 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 has presence in 24 locations across Turkey and 12 in Spain.
In April 2021, the company launched a storefront format called MR.DIY Express for rural communities.{{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}} 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.{{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}}{{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 }}{{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}}
In October 2023, MR. DIY expanded its operations in Vietnam through opening five stores in three key locations within a month.{{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}} Also in 2023, MR. DIY fully entered the e-commerce space of the country as it launched its official online store.{{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}} In January 2024, MR. DIY unveiled its plan to operate in Romania and Bulgaria.{{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}}
On 14 November 2024, the company launched a new mascot called PANDAi. The mascot, resembles the a panda, was chosen because of the universal associations, cuteness, friendliness and intelligence of the animal.{{Cite web |title=Specialized D.I.Y. Retailers |url=https://www.trendhunter.com/trends/mr-diy |access-date=2024-11-25 |website=TrendHunter.com |language=en}}
Financials
| class="wikitable"
|+ Finances 2017 to 2021{{cite web |title=Financial Information |url=https://www.mrdiy.com/page/280/Financial-Information/ |website=Mr D.I.Y. Group (M) Berhad}}{{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}}{{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}} | ||||
| 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 |12,518 |900 |
References
{{reflist}}
External links
{{commons category}}
- {{Official website|https://www.mrdiy.com/}}
Category:Retail companies established in 2005
Category:Malaysian companies established in 2005
Category:Companies based in Selangor
Category:Home improvement companies
Category:2020 initial public offerings