Minor International Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 12:37 am EST
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Minor International Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the quarter, the company reported net income was THB 2,144 million compared to THB 4,608 million a year ago. Basic earnings per share from continuing operations was THB 0.31 compared to THB 0.81 a year ago. Diluted earnings per share from continuing operations was THB 0.31 compared to THB 0.8 a year ago.
For the nine months, the company reported net income was THB 4,423 million compared to THB 2,376 million a year ago. Basic earnings per share from continuing operations was THB 0.57 compared to THB 0.25 a year ago. Diluted earnings per share from continuing operations was THB 0.57 compared to THB 0.25 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.