Minor International Public Company Limited, or MINT, expects full-year 2026 revenue to grow in the high single digits, supported by its hotel and restaurant businesses. Meanwhile, annual profit growth may fall short of the 15 to 20 percent target due to the conflict situation in the Middle East. In its hotel management business, the company aims to sign around 50 contracts this year, having already signed 30 in the first half, and plans to open more than 11 new hotels in 8 countries during the second half, most of which are managed hotels. The restaurant business continues to grow, driven by same-store sales, franchise expansion, and new menu items, with key markets of interest including Thailand, Southeast Asia, and Indonesia. The company is also moving forward with cost management to keep its EBITDA margin from falling below last year's level, and expects growth to resume in 2027.
Minor International Public Company LimitedMINT expects high single-digit revenue growth in 2026 driven by hotel and restaurant businesses, with hotel signings and restaurant expansion.
