Tiger Brokers

Minor International's Solid Momentum Likely to Continue in 1Q -- Market Talk

Dow Jones
Feb 02

0928 GMT - Minor International's solid momentum is likely to continue into 1Q, says DBS Group Research's Nantika Wiangphoem. The company's 4Q core profit likely rose 13% on year, driven by a rebound in its hotel business, she says. That momentum is expected to extend into 2026, supported by healthy growth in revenue-per-available-room across key markets in the first three months of the year. In Europe, demand from both leisure and business travelers, along with a busy sports event calendar, should lift performance. In Thailand, gains are likely to come from a high share of long-haul guests and completed asset renovations. DBS keeps its buy rating and THB36.50 target price. Shares are up 3.5% at THB23.70. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

February 02, 2026 04:28 ET (09:28 GMT)

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