Minor International Public Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:36 am EDT
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Minor International Public Company Limited announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was THB 7,039.814 million compared to THB 31,470.147 million a year ago. Operating loss was THB 9,552.457 million compared to operating Income of THB 2,609.296 million a year ago. Net loss was THB 8,447.638 million compared to net income of THB 1,786.014 million a year ago. Basic loss per share was THB 1.9012 compared to basic earnings per share of THB 0.3155 a year ago. For the half year, total revenue was THB 29,616.134 million compared to THB 60,298.136 million a year ago. Operating loss was THB 11,802.565 million compared to operating Income of THB 3,370.824 million a year ago. Net loss was THB 10,221.160 million compared to net income of THB 2,369.149 million a year ago. Basic loss per share was THB 2.3561 compared to basic earnings per share of THB 0.3713 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.