Showing 1 - 10 of 51
Minor Food eyes 1,800 new outlets by 2029 as sector booms
Business, Kuakul Mornkum, Published on 08/08/2025
» The Minor Food Group Plc, a restaurant operator in Asia-Pacific, has unveiled a five-year strategy called "Passion for Growth", aiming to operate 4,500 outlets by 2029, up from 2,700 in 2024.
Minor eyes huge hotel portfolio growth
Business, Molpasorn Shoowong, Published on 18/02/2025
» SET-listed Minor International is targeting capital expenditure of 10-12 billion baht a year to reach its goal of 1,000 hotels and 4,500 restaurants by 2029, while banking on a boost to Thai growth thanks to the filming of The White Lotus at its four resorts.
MINT Reports Record Profit, Poised for 2025 Expansion
Published on 17/02/2025
» Minor International Public Company Limited (MINT) has delivered its strongest financial performance to date, with net profit surging 43% year-on-year to THB 7,750 million in 2024. This outstanding result reflects exceptional operational execution, sustained global travel demand and improved financial position.
Minor International Tops Thailand in TIME’s Global Ranking
Published on 18/11/2024
» Minor International Public Company Limited (MINT) has been recognised in the “World’s Best Companies 2024” by TIME magazine and Statista, the world-leading statistics portal and industry ranking provider. The prestigious recognition places Minor International at #425 out of 1,000 companies worldwide and ranks it as the #1 company in Thailand.
MINT Reports 19% Core Profit Growth for 9M24 Poised for Strong Q4 and 2024
Published on 12/11/2024
» Minor International Public Company Limited (MINT) has announced core net profit of THB 5,514 million for the first nine months of 2024, a 19% year-on-year increase. Core EBITDA grew 11% year-on-year to THB 33,623 million, powered by a 9% rise in core revenue driven by outstanding performances in MINT’s hospitality and restaurant businesses. This strong growth was driven by effective revenue optimisation, resulting in increased ADR and RevPAR across MINT’s hotel portfolio, together with sustained cost discipline.
MINT Announces 74% Net Profit Growth In 1H24
Published on 06/08/2024
» Minor International Public Company Limited (MINT) announced net profit of THB 3,969 million for the first half of 2024, a 74% increase from the same period in 2023. This robust profit growth builds on last year’s high net profit base and reflects the strength of MINT’s business model as well as the continued resilience of the global travel industry. MINT’s core profit for 1H24 (profit after excluding extraordinary items) saw a solid 22% y-y growth for 1H24.
Sizzler looks to second-tier market in Thailand
Business, Published on 06/04/2024
» SLRT, the operator of Sizzler steakhouse in Thailand, wants to open more branches in Thailand and regional markets.
Minor uses asset-light strategy
Business, Molpasorn Shoowong, Published on 10/02/2024
» SET-listed Minor International projects its room rate to grow this year and targets 200-250 new hotels and 1,000 restaurants in three years.
Top restaurant chains in expansion drive
Business, Pitsinee Jitpleecheep, Published on 06/11/2023
» Two leading restaurant chains, Sizzler and McDonald's, are expanding to broaden their customer base and increase the frequency of customer traffic.
Salad Factory set for large expansion
Business, Pitsinee Jitpleecheep, Published on 08/08/2023
» Green Food Factory Co, the operator of Salad Factory, will allocate 200-250 million baht to expand its business during 2022-2026 in a move to build long-term growth.