Mr. DIY increases sales through expansion

The retail group Mr. DIY increased its sales in its home market of Malaysia and in Brunei by almost 9 per cent in the second quarter. The increase is primarily due to 42 new openings. According to the company, however, several religious festivals had a negative impact on growth. The country is predominantly Muslim, but Buddhism also plays an important role.

In the quarterly report, Mr DIY also announces that it is entering into a lifestyle retailer. The aim is to diversify the sales base.

A detailed report on the latest developments at the Malaysian DIY chain, which also operates in many countries in the region and in Europe, can be found in the DIY+ section.