Minor International Public Company LimitedMINT
▲ PositiveCapitalrelevance
Core profit up 6% and strong hotel performance in Europe and Thailand.
Dillip Rajakarier, Group CEO of Minor International, or MINT, reported core profit of 3.658 billion baht, an increase of 6%, driven by hotel businesses in Europe and Thailand, where profit surged 32% and RevPAR in Thailand grew 11%, reflecting tourism purchasing power. The company is also partnering with OR to expand four brands at PTT petrol stations, targeting more than 150 branches by 2030, and is confident in continued growth in the second half, pursuing an asset-light strategy while reducing debt.
Minor International Public Company LimitedCore profit up 6% and strong hotel performance in Europe and Thailand.
PTT Oil and Retail Business Public Company LimitedPartnership with MINT to expand brands at PTT stations, boosting retail traffic.