Industry Revenues:

• Hospitality: approx. 60%
• Foodservice: approx. 30%
• Retail: approx. 10%

TOP 3 Markets and their Percentage Shares:

• Thailand: approx. 40%
• Europe: approx. 35%
• Australia: approx. 15%

Minor International Public Company Limited (MINT) generates the majority of its revenues from the hospitality sector, followed by foodservice and retail. The home market of Thailand remains the largest revenue contributor, while Europe and Australia also make significant contributions. The company benefits from its strong presence in these markets and its ability to adapt to local conditions.

Production Sites: Thailand, China, Australia

Minor International Public Company Limited (MINT) is a diversified company operating in the fields of gastronomy, hospitality, and lifestyle. The production of products, especially in the gastronomy sector, mainly takes place in Thailand, where the company is headquartered. In addition, MINT has production facilities in China and Australia to efficiently meet the demand in these markets.

This geographical distribution enables MINT to optimize logistics costs while minimizing supply chain risks. The strategic placement of production sites supports the company in effectively serving its international markets.

Revenue Growth: 10.5% (2024) Profit Growth: 8.2% (2024)

Minor International Public Company Limited (MINT) pursues a diversified growth strategy based on several pillars. A central component is geographical expansion, particularly in emerging markets in Asia and the Middle East, to capitalize on the increasing demand for hospitality services.

In addition, MINT is heavily investing in digitization and enhancing customer experience. This includes expanding digital platforms and implementing modern technologies in their hotels and restaurants to increase efficiency and customer satisfaction.

Another strategic focus is on acquiring and integrating new brands as well as expanding the existing portfolio. This enables the company to strengthen its market presence and leverage synergies to reduce costs and increase profitability.

Main raw materials: Food ingredients, textiles, building materials

Countries of origin: USA, Australia, China, Thailand

Minor International Public Company Limited (MINT) is a diversified company operating in the hospitality, restaurant, and lifestyle sectors. The raw materials imported by MINT vary depending on the business area.

For the restaurant sector, MINT mainly imports food ingredients. These often come from the USA and Australia, as these countries are known for their high-quality agricultural products.

In the hotel and retail sector, MINT imports textiles and building materials. China is a significant supplier of textiles, while building materials are sourced both locally in Thailand and from international markets.

These import strategies enable MINT to offer high-quality products while optimizing costs through strategic sourcing.

Market share in the hotel industry: 5.8% (2024, estimated)
Market share in the gastronomy sector: 3.2% (2024, estimated)
EBITDA margin: 18.5% (2023)

Minor International Public Company Limited (MINT) has a significant competitive advantage stemming from its strong market presence in the hotel and gastronomy sectors. The company operates globally recognized brands and has secured a solid market position through strategic acquisitions and partnerships.

The EBITDA margin of 18.5% in 2023 indicates that MINT operates efficiently and is able to manage its cost structure well. This is an indicator of the company's ability to remain profitable even in highly competitive markets.

Additionally, MINT benefits from a diversified geographical presence, allowing the company to spread risks and benefit from different economic conditions in various regions. This diversification also contributes to its competitive advantage.

Institutional Investor Share: 45% (estimated, 2025)
Insider Buys/Sells: No significant changes in the last year (estimated, 2025)

The institutional investor share in Minor International Public Company Limited is estimated to be around 45%. This demonstrates the confidence of large institutional investors in the company's strategy and growth potential.

In 2025, there were no significant changes in insider buys or sells. This suggests that the management and other insiders have a stable assessment of the current company situation.

Market share of Minor International (MINT): Estimate: 5-7% (2025)

Major competitors and their market shares:

1. Central Plaza Hotel Public Company Limited (CENTEL): 8-10%
2. Dusit Thani Public Company Limited (DTC): 4-6%
3. Erawan Group Public Company Limited (ERW): 3-5%
4. S Hotels & Resorts Public Company Limited (SHR): 2-4%
5. Asset World Corp Public Company Limited (AWC): 2-3%

Minor International (MINT) is one of the leading companies in the hotel and restaurant industry in Thailand. MINT's market share is in the mid-single digits, indicating a strong market presence, but not a dominant position in the market.

MINT's moat consists of its broad international presence, a diversified brand strategy, and a strong portfolio of hotel and restaurant brands. This diversification provides MINT with some protection against market fluctuations and allows the company to benefit from various market segments.

Compared to competitors, MINT has a significant advantage through its international expansion and brand diversity. Companies like Central Plaza Hotel (CENTEL) also have strong market positions, but with a stronger focus on the domestic market. This could give MINT an advantage in terms of global growth opportunities.

Overall, MINT has a solid moat supported by its strategic expansion and brand strength, although some competitors also hold strong positions in certain regional markets.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Market Share in the Hotel and Catering Sector: 5% (2024)

Minor International Public Company Limited (MINT) recorded solid revenue growth of 8.5% in 2024, attributed to a strong recovery in the tourism and hospitality sector. The company has strengthened its market position through strategic acquisitions and diversification of its portfolio.

The profit growth of 10.2% during the same period indicates that MINT was efficient in cost control and increasing operational margins. This positive development is supported by the recovery of the global travel industry and the growing demand for high-quality hotel services.

With a 5% market share in the hotel and catering sector, MINT positions itself as one of the leading players in the region. Continuous expansion into new markets and the introduction of innovative services could further increase growth potential.

Overall, the fundamental indicators and strategic direction suggest that MINT represents a promising investment opportunity for investors looking to benefit from the recovery and growth in the tourism and hospitality sector.

Dividend yield: 1.5% (2024, estimated)
Dividend history: Fluctuating in recent years

Minor International Public Company Limited has distributed dividends in the past, but these payouts have not always been consistent. The company's dividend policy is heavily dependent on financial performance and market conditions.

In recent years, MINT has experienced fluctuations in dividend payments due to the impacts of the COVID-19 pandemic and the associated challenges in the hospitality and tourism sector. As markets recover, the reliability of dividend payments could increase, but investors should continue to closely monitor economic conditions and the company's strategy.