Minor International Public Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 05:00 am EST
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Minor International Public Company Limited announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was THB 34,304.772 million compared to THB 15,778.646 million a year ago. Operating income was THB 5,149.207 million compared to THB 1,256.668 million a year ago. Net income was THB 4,560.337 million compared to THB 1,019.791 million a year ago. Basic earnings per share was THB 0.916 compared to THB 0.2208 a year ago. For the nine months, total revenue was THB 94,602.908 million compared to THB 46,684.619 million a year ago. Operating income was THB 8,520.031 million compared to THB 4,283.549 million a year ago. Net income was THB 6,929.486 million compared to THB 3,944.311 million a year ago. Basic earnings per share was THB 1.2873 compared to THB 0.8539 a year ago.
Minor International Public Company Limited is a Thailand-based company engaged in the investment activities, hotels, restaurant operations, and distribution and manufacturing. The Company operates through four segments: Hotel, Mixed use, Restaurant and Retail. The Company operates hotels, resorts and serviced suites with a portfolio of over 530 hotels under the Anantara, AVANI, Oaks, Tivoli, Elewana, NH Collection, NH, nhow, Marriott, Four Seasons, St. Regis, Radisson Blu and Minor International brands. Its hotel and spa portfolio spans across 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas. The Company operates mixed-use business, including shopping plazas and entertainment, residential properties, and a points-based vacation club. It offers fashion and lifestyle products under various brands, including Anello, BergHOFF, Bossini, Charles & Keith, Joseph Joseph, Zwilling J.A. and Minor Smart Kids.