MR. D.I.Y. Holding (Thailand) Public Company Limited (SET: MRDIYT) has reported a robust financial performance for the fiscal year ending December 31, 2025, marked by a significant 47.8% year-on-year (YoY) increase in net profit, which reached THB 2.63 billion. The results underscore the company’s successful expansion strategy and improved operating efficiencies despite a cautious consumer spending environment in Thailand.
Total revenue for FY2025 climbed 24.6% YoY to THB 20.19 billion. This growth was primarily fueled by the aggressive expansion of its retail network, which grew from 932 stores in 2024 to 1,127 stores by the end of 2025. Standalone stores remained the dominant revenue contributor, accounting for 70.4% of total sales in the final quarter. Additionally, the company maintained a positive Same Store Sales Growth (SSSG) of 2.7% for the full year, supported by a 23.1% rise in total transactions, reaching 121.2 million.
Profitability was bolstered by a widening gross profit margin (GPM), which improved to 51.7% from 49.7% in the previous year. This expansion reflects economies of scale, optimized sourcing, and an enhanced product mix.
While selling and distribution expenses rose 22.0% to THB 5.53 billion to support the larger store network, these costs grew more slowly than revenue, improving overall efficiency. Administrative expenses increased 25.5% to THB 1.1 billion, a figure that includes THB 78.3 million in IPO-related expenses following the company’s listing on the Stock Exchange of Thailand.
The company’s bottom line was also supported by a reduction in finance costs after using IPO proceeds to repay its entire outstanding balance of bank loans. However, this was slightly offset by a THB 91.1 million share of loss from its associate, KKV Thailand, which is currently in its early-stage operations. Looking ahead, MRDIYT remains committed to growth, targeting the addition of 210 new stores in 2026 and aiming to surpass 1,500 locations by the end of 2027.
The board has approved a dividend payment of THB 0.06 per share, with an Ex-Dividend (XD) date of May 11, 2026, and a payment date of May 27, 2026.
