Minor International Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2020
May 15, 2020 at 07:08 pm IST
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Minor International Public Company Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was THB 22,576.320 million compared to THB 28,827.989 million a year ago. Operating loss was THB 2,250.108 million compared to operating Income of THB 761.528 million a year ago. Net loss was THB 1,773.522 million compared to net income of THB 583.135 million a year ago. Basic loss per share was THB 0.4549 compared to basic earnings per share of THB 0.0558 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.