MINT core profit rises 21% to THB 3.47 billion in Q4 2025

Reuters
Feb 13
MINT core profit rises 21% to THB 3.47 billion in Q4 2025

Minor International pcl $(MINT)$ reported a core profit of THB 3.47 billion for the fourth quarter (Q4) of 2025, marking a 21% increase, and THB 9.70 billion for the full year (FY) 2025, up 16%. The company’s performance was supported by strong global travel demand, effective pricing and sales strategies in its hotel business, and continued product innovation and network expansion in its restaurant segment. For FY2025, MINT’s net debt to equity ratio improved to 0.86 times, and net debt to EBITDA declined to 4.60 times at the end of 2025. Minor Hotels, a key business segment, posted a 32% year-on-year increase in core earnings for Q4 2025, driven by robust performance in Europe, Thailand, and the Maldives, as well as higher profit from residential unit sales. RevPar for Minor Hotels grew 6% in Europe and the Americas in Q4 2025, 15% in Thailand, and 13% in the Maldives. The company continues to focus on energy efficiency, waste reduction, responsible sourcing, and community engagement initiatives. Management highlighted clear growth visibility for 2026, a stronger balance sheet, and momentum in its asset-light expansion strategy, with expectations for another record year in management contract and master agreement signings, as well as growth in branded residences.

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