Minor International Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 12:31 am EST
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Minor International Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was THB 26,256.38 million compared to THB 14,142.79 million a year ago. Revenue was THB 35,153.93 million compared to THB 20,789.34 million a year ago. Net income was THB 4,607.94 million compared to net loss of THB 435.56 million a year ago. Basic earnings per share from continuing operations was THB 0.81 compared to basic loss per share from continuing operations of THB 0.16 a year ago. Diluted earnings per share from continuing operations was THB 0.8.
For the nine months, sales was THB 64,066.01 million compared to THB 28,660.85 million a year ago. Revenue was THB 88,174.54 million compared to THB 49,283.68 million a year ago. Net income was THB 2,375.71 million compared to net loss of THB 11,609.19 million a year ago. Basic earnings per share from continuing operations was THB 0.25 compared to basic loss per share from continuing operations of THB 2.46 a year ago. Diluted earnings per share from continuing operations was THB 0.25.
Minor International Public Company Limited is a Thailand-based company engaged in the investment activities and hotel and restaurant operations carried out in Thailand. The Company segments include Hotel, Mixed use and Restaurant. It has a portfolio of over 530 hotels and serviced suites under the Anantara, Avani, Oaks, Tivoli, NH Collection, NH, nhow, Elewana Collection, Four Seasons, St. Regis, JW Marriott and Radisson Blu brands in 55 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas. It also has over 2,600 outlets operating system-wide in 24 countries under The Pizza Company, Swensenâs, Sizzler, Dairy Queen, Burger King, Thai Express, The Coffee Club, Bonchon, Riverside, Coffee Journey, GAGA and Benihana brands. In addition, it operates mixed-use businesses, which include real estate business, comprising sale of residential development, Anantara Vacation Club, retail plaza and entertainment businesses and dining restaurants.