Showing 1 - 10 of 10
MINT Q1 Profits Surge to THB 1,146M
Published on 15/05/2024
» Minor International Public Company Limited (“MINT”) on May 14, 2024, announced its first quarter 2024 financial results, posting a net profit of THB 1,146 million in 1Q24 notwithstanding 1Q being the low season for its most significant contributor, its European hotel business. This profit represented a significant improvement from a THB 976 million loss in 1Q23 and was attributable to stronger performance across all business units as well as favourable foreign exchange movements. At the core level, MINT recorded a core net loss of THB 352 million in 1Q24 (due to aforementioned seasonality of the European hotel business), representing a 46% improvement (less loss) from a core net loss of THB 647 million in 1Q23. MINT’s hotel and restaurant businesses both reported robust financial performance in 1Q24 from continued rising demand, which enabled the Company to implement strategic dynamic pricing, drive increased dine-in traffic and lock in further cost optimisation. Minor Hotels Thailand, Minor Hotels Australia and Minor Food all saw double-digit year-on-year growth. Meanwhile, Minor Hotels Europe and the Americas outperformed expectations by narrowing their y-y quarterly losses.
Unlocking Success Across Industries
Published on 09/04/2024
» In the dynamic world of the attractions industry, trends are constantly shifting, presenting both challenges and opportunities. From technological advancements to changing consumer preferences, every facet of an amusement park must be agile and innovative to successfully navigate an ever-evolving landscape – a dynamic that is not just limited to the attractions industry.
Huawei Cloud Stack Revolutionises Thailand's Tech Landscape
Published on 21/02/2024
» Huawei Technologies (Thailand) Co., Ltd. held an event highlighting its Huawei Cloud Stack technology and its use in providing secure and trustworthy cloud services to local data centres serving enterprise markets. Huawei’s continued dedication towards this important technology is underpinned by its slogan “Huawei Cloud Stack: the preferred cloud for intelligent upgrade”, aligning with the company’s “In Thailand, for Thailand” mission and commitment to providing the latest technology solutions to enhance Thailand’s transformation into a future digital hub of ASEAN.
GroupM and Criteo Partner to Drive Commerce Media Innovation in APAC
Published on 19/10/2023
» Criteo, the commerce media company, and GroupM, WPP’s media investment group, on October 17 announced the first partnership in Asia Pacific (APAC) to strengthen omnichannel commerce media capabilities for GroupM clients in the region.
Solar energy in your corner
Published on 31/01/2023
» GreenYellow, the market leader in Thailand and Vietnam in helping businesses win the battle against electricity inflation and climate change by covering every angle
Invest, Insure and Innovate in Uncertain Times
Published on 19/10/2022
» By Dr. Paige Marie Morse, Sustainability Advisor and Lawrence Ng, Vice President of APJ Sales, Aspen Technology, Inc.
Banpu reports strong 3Q performance results with proven path to demonstrate substantial growth in greener energy portfolios
Published on 12/11/2021
» Banpu Public Company Limited, a leading international versatile energy provider, announced satisfactory business performance results in the third quarter of 2021 with a strong cash flow. The revenue from sales totalled USD 1,161 million (approximately THB 38,218 million), an increase of 147% from the same period last year. Earnings before tax, interest, depreciation, and amortisation (EBITDA) totalled USD 530 million (approximately THB 17,432 million), an increase of 72% from the same period last year. The Company recorded a net profit of USD 106 million (approximately THB 3,489 million), an increase of 763% compared to the same period last year. The growth momentum was driven by the increase in coal and natural gas prices due to economic recovery in many countries in the wake of the COVID-19 pandemic, leading to increasing energy demand in the manufacturing sector and household consumption. The Company is also determined to enhance the Banpu Ecosystem on an integrated steady path to deliver Smarter Energy for Sustainability to all stakeholders.
How Hard Work Helped Justin Havre Become a Real Estate Mogul from Humble Beginnings
Published on 15/02/2021
» With humble beginnings, Justin Havre is the owner of multiple revenue-generating web portals throughout North America and is one of the most successful real-estate entrepreneurs in Canada.
Frasers Property Holdings (Thailand) Company Limited announces the appointment of Mr. Worawat Srisa-an as Deputy CEO
Published on 17/11/2020
» Frasers Property Holdings (Thailand) Company Limited announces the appointment of Mr. Worawat Srisa-an as Deputy CEO, Development as One Bangkok progresses into the next phase of construction
TMB’s Launch of TMB-ES-GSBOND Fund Hits New Subscription Record With ACE Strategy Applied
Published on 03/02/2020
» the Fund is Expected to Provide High Yield, Low Volatility and Well-Risk Control