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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.
King Charles resumes public duties
Published on 30/04/2024
» LONDON - King Charles visited a cancer treatment centre on Tuesday on his return to public duties after being diagnosed with the disease himself in February.
Tributes flow for 6 victims killed in Australia mall stabbing
Reuters, Published on 14/04/2024
» SYDNEY: Tributes flowed on Sunday for the six people killed in a random stabbing attack carried out on Saturday in a busy shopping centre in New South Wales capital Sydney.
More skywalk please
Published on 01/04/2024
» I would like to thank the Bangkok Metropolitan Administration for the increase in green space all over the city, with beautiful parks that are well maintained at all times.
Princess of Wales reveals cancer diagnosis
Published on 23/03/2024
» LONDON - Kate, Britain’s Princess of Wales, said on Friday she was undergoing preventative chemotherapy after tests taken after she had major abdominal surgery in January revealed that cancer had been present.
Minor International Backs Government Efforts
Published on 22/03/2024
» Minor International (MINT)’s Chairperson, Mr. William Heinecke, and Group CEO, Mr. Dillip Rajakarier, recently held discussions with the Prime Minister of Thailand, H.E. Srettha Thavisin. During the meeting, MINT commended the Government for its pro-business and pro-tourism policies, including visa exemptions, tax reduction on alcohol beverage sales, as well as various measures aimed at attracting visitors from around the world to Thailand, such as Formula E racing and the expansion of international airports. MINT's Chairperson expressed confidence in the Government, stating that under the Prime Minister's administration, Thailand has the potential to become the world's number-one tourist destination within two years.
Meghan hits out at ‘hateful’ online abuse
Published on 09/03/2024
» LONDON - Meghan, the Duchess of Sussex, has said she was targeted with “hateful” online abuse during her two pregnancies, criticising the toxic environment and lack of humanity on the internet and in parts of the media.
Disney's 'Shogun' has a lot to teach the West
News, Published on 28/02/2024
» One of the most famous tales ever set in Japan is back. Walt Disney Co is spending millions on a glossy new adaptation of the James Clavell saga Shogun, the story of the Englishman who arrives in 1600s Japan and goes on to become a samurai.
Prince William: ‘Too many’ have been killed in Gaza
Published on 20/02/2024
» LONDON - Prince William in Tuesday called for an end to the fighting in Gaza, saying “too many” people had been killed, in an unusually direct intervention for a member of the British royal family.