MR.DIY

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MR D.I.Y. Group (M) Berhad
TypePublic
MYX:MRDIY
IndustryRetail
FoundedJuly 2005; 16 years ago
FounderTan Yu Yeh
Headquarters
Selangor
,
Malaysia
Number of locations
1523 (2021)
Area served
Malaysia, Thailand, Brunei, Indonesia, Singapore, Philippines, India, Cambodia, Turkey
RevenueIncreaseRM2.559 billion (2020)[1]
IncreaseRM525 million (2020)[1]
IncreaseRM337 million (2020)[1]
Total assetsIncreaseRM2.252 billion (2020)[1]
Number of employees
11,607 (2020)[1]
SubsidiariesMR. TOY, MR. DOLLAR, MR. DIY Express
Websitewww.mrdiy.com

MR.DIY, legally MR D.I.Y. Group (M) Berhad, is a Malaysia-based home improvement retailer. It is a part of MR D.I.Y. Group (M) Berhad, and provides home improvement products for do-it-yourself projects through online and offline stores. As of April 2021, Creador-backed[2] MR. DIY Group owns and operates 1647 stores in Malaysia.

Overview[]

MR. DIY was started as a consumer hardware store in Jalan Tuanku Abdul Rahman, Kuala Lumpur, Malaysia in July 2005. The company then expanded to open stores in Aeon shopping mall in 2009, Tesco Setia Alam in Selangor in 2010, Giant Shopping Outlet and Borneo Hypermall in 2014, Palm Square Commercial Centre in 2017.[3][4][5]

One of the MR.TOY outlet in Nu Sentral Mall

The company, headquartered in Selangor, Malaysia has other subsidiaries that includes MR.TOY and MR.DOLLAR.[6][7] Including its subsidiaries, the company operates 734 stores in the country as of December 2020.[8] The company began e-commerce operations in 2018 through its online store and on Shopee.[3] To manage the e-commerce warehouse, MR.DIY installed 23 robots in their warehouse.[9]

MR. DIY first store at Jalan Tunku Abdul Rahman back in 2005

MR.DIY was publicly listed on the Bursa Malaysia (MYX) in October 2020.[10][11] The company reported a cumulative revenue of RM 2.6 billion as of Q4 2020 and was valued at RM 21.4 billion.[12][13]

In April 2021, the company launched a storefront format called MR.DIY Express for rural communities.[14]

Awards[]

MR. DIY was the winner in the Retailer – Home Improvement category at the World Branding Awards in 2018, 2019 and 2020.[15][16] It also won the Retail Market Leadership Award at the Frost & Sullivan Best Practices Award 2020.[17]

Corporate Social Responsibility[]

During the COVID-19 outbreak, MR. DIY distributed personal protective equipment (PPE) and face masks to COVID-19 hospitals, government clinics, police and public in Malaysia.[18][19][20]

Financials[]

Finances 2017 to 2020[21]
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

References[]

  1. ^ a b c d e "Annual Report & CG Report". bursamalaysia.com.
  2. ^ Lee, Liz (2020-10-02). "Malaysia's Mr DIY secures IPO investors, including BlackRock - sources". Reuters. Retrieved 2021-01-07.
  3. ^ a b Dayangku, Sade (2020-10-23). "In 15 Years, Mr DIY Grew From A Small KL Store To A Household Name Valued At RM10bil". Vulcan Post. Retrieved 2021-01-10.
  4. ^ "Malaysian retailer Mr DIY revives US$500 million IPO plan | New Straits Times". NST Online. 12 August 2020.
  5. ^ Kong, Sharon (15 March 2020). "The Rise and Shine of Mr DIY". The Borneo Post.
  6. ^ "MR D.I.Y. Group launches 10th fixed price store MR. DOLLAR at Sunway Giza". Borneo Post Online. 2020-12-16. Retrieved 2021-01-07.
  7. ^ "MR D.I.Y Group launches 46 new stores". www.thesundaily.my. Retrieved 2021-01-07.
  8. ^ "Q4 2020 Financial Report" (PDF). Mr. DIY.
  9. ^ Siew Mung, Tan (18 March 2021). "MR DIY launches warehouse with RM5m robotic e-commerce system". The Edge Markets.
  10. ^ Lee, Liz (2020-10-06). "UPDATE 2-MR DIY opens books for Malaysia's largest IPO in three years". Reuters. Retrieved 2021-01-07.
  11. ^ Shankar, Arjuna (26 October 2020). "Mr DIY tops the active list on debut day; share price up 9.34%". The Edge Markets.
  12. ^ "Q4 2020 Financial Report" (PDF). Mr. DIY.
  13. ^ Azman, Nur (17 February 2021). "Mr DIY posts stronger earnings in 4Q20". The Malaysian Reserve.
  14. ^ Alias, Alzahrin (6 August 2021). "MR DIY Express penuhi keperluan di luar bandar". Berita Harian.
  15. ^ Staff writer (November 26, 2018). "MR D.I.Y wins 1st international award". Daily Express.
  16. ^ "MR D.I.Y. wins its third world branding award". Manila Times. December 30, 2020.
  17. ^ "Home improvement retailer awarded for market leadership". The Star. 21 October 2020.
  18. ^ Bernama (6 February 2020). "Mr DIY giving away free face masks nationwide". NST Online.
  19. ^ "MR. D.I.Y. donates 300k face masks to public services frontliners". The Sun Daily. 9 April 2020.
  20. ^ "Retailer responds to SOS with protective equipment, masks worth RM480,000". The Star. 27 October 2020.
  21. ^ "Financial Information". Mr D.I.Y. Group (M) Berhad.

External links[]

Official website

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