Minor International Public Company Limited (MINT) announced on August 11 its financial results for the second quarter of 2023, reporting record core profit of THB 3.0 billion. This represented a 148% year-on-year increase from 2Q22 and was 52% above pre-COVID 2Q19. The results reflected continued global recovery momentum in both hotel and restaurant sectors post-COVID.
Minor Hotels’ profit more than doubled on the back of demand recovery across all geographies.
Sustained increase in travel activities across the geographies in which MINT operates drove a strong…
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