Mr D.I.Y. Group (M) Berhad Third Quarter 2024 Earnings: Misses Expectations

Mr D.I.Y. Group (M) Berhad (KLSE:MRDIY) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM1.14b (up 6.4% from 3Q 2023).
• Net income: RM121.6m (down 1.9% from 3Q 2023).
• Profit margin: 11% (in line with 3Q 2023).
• EPS: RM0.013 (in line with 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mr D.I.Y. Group (M) Berhad Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Specialty Retail industry in Malaysia.

Performance of the Malaysian Specialty Retail industry.

The company's shares are down 16% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Mr D.I.Y. Group (M) Berhad.

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