Mr D.I.Y. Group (M) Berhad | |
Type: | Public |
Industry: | Retail |
Founded: | July 2005 |
Founder: | Tan Yu Yeh |
Location City: | Seri Kembangan, Selangor |
Location Country: | Malaysia |
Num Locations: | 2500 |
Num Locations Year: | 2023 |
Area Served: | Malaysia, Thailand, Indonesia, the Philippines, India, Singapore, Brunei, Cambodia, Turkey, Spain and Vietnam |
Revenue: | RM3.373 billion (2021)[1] |
Operating Income: | RM645 million (2021) |
Net Income: | RM432 million (2021) |
Assets: | RM2.701 billion (2021) |
Num Employees: | 15,708 (August 2022) |
Subsid: |
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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]
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. 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.
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 30000square feet 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]
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 |