{
  "id": 558616,
  "title": "MR DIY 2Q net profit drops 15.2pc to RM134.4m, revenue rises to RM1.25b",
  "url": "https://urgent.news/2026/08/11/mr-diy-2q-net-profit-drops-15-2pc-to-rm134-4m-revenue-rises-to-rm1-25b",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T11:02:58.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/money/2026/08/11/mr-diy-2q-net-profit-drops-152pc-to-rm1344m-revenue-rises-to-rm125b/230989"
  },
  "original_language": "en",
  "account": "MR DIY Group (M) Bhd reported a decline in net profit for the second quarter of its financial year 2026, ending June 30, 2026, down 15.2% to RM134.4 million, while revenue increased to RM1.25 billion. The company's store network expanded by 7.2% from 1,502 stores as of June 30, 2025, to 1,610 stores as of June 30, 2026. The group declared an interim dividend of RM0.033 per share, consisting of RM0.013 per share and an additional RM0.02 per share. The total dividends declared for the first half of FY2026 amounted to RM464.4 million, representing a payout ratio of 142.3% of profit after tax. MR DIY intends to pursue a measured and disciplined expansion strategy, focusing on sustainable store-level economics and prudent capital allocation.",
  "summary": "KUALA LUMPUR, Aug 11 — MR DIY Group (M) Bhd posted a lower net profit of RM134.40 million for the secon...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}