Minor International management commentary: Hotel, restaurant growth drives 4% rise in 3Q26 core profit

• Minor International's management commentary reported third-quarter 2026 core profit rose 4% to Baht 2.88 billion despite higher refinancing-related interest expenses.
• Core revenue increased 7% to Baht 44.34 billion, supported by stronger hotel pricing and demand, alongside restaurant growth.
• Inflationary cost pressures limited EBITDA growth to 5%, lowering the core EBITDA margin to 28.4% from 29%.
• Restaurant core EBITDA climbed 15% to Baht 2.08 billion as stronger operating leverage in Thailand and Australia supported profitability.
• Nine-month 2026 core profit increased 5% to Baht 6.54 billion, supported by increased ownership in Minor Hotels Europe & Americas.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minor International pcl published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.