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MRDIYT Q1/2026: Profit Up 25%, 65 New Branches Opened

MRDIYT Q1/2026: Profit Up 25%, 65 New Branches Opened

MGR Online•Economy•21d ago

Reader Briefing

MRDIYT reports a significant 25.1% net profit increase in Q1 2026, driven by aggressive store expansion and improved operational efficiency.

  • •Thai home improvement retailer MRDIYT announced robust Q1 2026 financial results.
  • •Net profit surged 25.1% year-on-year to 678.3 million THB.
  • •The company opened 65 new branches in the quarter, bringing the total to 1,192.
  • •MRDIYT plans to open 210 new branches in 2026 and is investing in an automated warehouse.

Overview

  • •MRDIYT announced financial results for the first quarter of 2026.
  • •MRDIYT reported revenue growth of 21.4% year-on-year, reaching 5,423.8 million THB in Q1 2026.
  • •MRDIYT's net profit increased by 25.1% year-on-year, totaling 678.3 million THB in Q1 2026.
  • •Gross profit margin improved by 0.3 percentage points year-on-year and 0.6 percentage points quarter-on-quarter, reaching 52.0% in Q1 2026.
  • •MRDIYT opened a net of 65 new branches in Q1 2026, bringing the total number of stores to 1,192 nationwide.
  • •MRDIYT plans to open 210 new branches in 2026.
  • •MRDIYT has completed land acquisition for an automated warehouse project.
  • •MRDIYT is running a Price Lock campaign from May to July 2026 to help consumers manage expenses.

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Key Quotes

Andy Chin
"“At the same time, we are committed to passing on value to customers through various projects such as the Price Lock campaign, which starts from May to July 2026, to help consumers manage their daily expenses better amid the current environment.”"
“ในขณะเดียวกัน เรายังมุ่งมั่นที่จะส่งต่อความคุ้มค่าให้กับลูกค้าผ่านโครงการต่างๆ เช่น แคมเปญล็อคราคา (Price Lock) ที่เริ่มตั้งแต่เดือนพฤษภาคมถึงกรกฎาคม 2026 เพื่อช่วยให้ผู้บริโภคสามารถบริหารจัดการค่าใช้จ่ายในชีวิตประจำวันได้ดียิ่งขึ้นท่ามกลางสภาพแวดล้อมในปัจจุบัน”

Key Entities

Organization

MRDIYTℹ️
Thai home improvement and lifestyle retailer, also known as Mister DIY Holding (Thailand) Public Company Limited.
Mister DIY Holding (Thailand) Public Company Limited(บริษัท มิสเตอร์. ดี.ไอ.วาย. โฮลดิ้ง (ประเทศไทย) จำกัด (มหาชน))ℹ️
The full legal name of the company operating MRDIYT in Thailand.

Person

Andy Chin(นายแอนดี้ ชิน)
Chief Executive Officer of Mister DIY Holding (Thailand) Public Company Limited.