Minor International Public Company Limited, or MINT, is confident that its second-half performance will continue to grow. The hotel business has seen forward booking revenue increase in all key regions, including Europe, Thailand, the Maldives, and Australia, and the company aims to sign 50 new hotel management contracts this year, of which 30 have already been signed. Meanwhile, in the food business in Thailand, same-store sales in July 2026 grew in the mid to high single digits. The company recently announced the acquisition of intellectual property rights for the Bonchon brand covering the entire world except the Americas, with a net transaction value of approximately 50 million US dollars, or around 1.7 to 1.8 billion baht. The deal is expected to be completed within August 2026 and will immediately generate profit for Minor Food. The company maintains its long-term growth targets for 2025 to 2028, expecting revenue and net profit to grow at an average of 15 to 20 percent per year. Although 2026 faces uncertainty from the Middle East, the company remains confident that full-year performance will continue to grow, while accelerating cost control, maintaining EBITDA margin, and reducing debt. It is keeping this year's capital expenditure budget at approximately 15 billion baht.
Minor International Public Company LimitedForward bookings up in all key regions and same-store sales growth in Thailand food business.
