Minor Intl stock weighs 1H26 profit growth and Bonchon deal

Minor Intl stock was trading at THB 20.30 on the Stock Exchange of Thailand on October 7, 2026, down 0.49 percent from the prior close. The latest operating picture combines higher first-half profit with a USD 50 million food-brand acquisition.

First half profit rises 13 percent

Quartr reports that Minor International's 1H26 revenue reached THB 82.765 billion, up 3 percent year over year, while reported net profit climbed 13 percent to THB 3.957 billion. Core revenue was THB 82.969 billion, a 2 percent increase, and core net profit rose 6 percent to THB 3.658 billion.

The comparison points to a stronger bottom line than top line. Hotels generated core revenue of THB 66.057 billion, up 3 percent, while hotel core profit increased 7 percent to THB 2.381 billion, according to Quartr.

Bonchon expands the food platform

Minor Food acquired Bonchon intellectual property outside the Americas for USD 50 million, with management describing the transaction as earnings accretive from day one in the Q2 2026 materials summarized by Quartr. The deal gives the restaurant division an additional international brand while the hotel business remains the larger contributor to core profit.

Minor International also signed 30 fee-based hotel contracts during the first half of 2026 and is targeting more than 50 signings for the full year, the same Q2 summary states. That asset-light expansion matters because it can add managed properties with less capital intensity than owning every hotel.

Growth targets meet a high debt base

Management is targeting 15 percent to 20 percent annual profit growth on a three-year compound basis and high single-digit revenue growth, according to Quartr. The company also targets net debt to EBITDA below 4 times, making balance-sheet execution an important counterweight to the expansion story.

Quartr lists November 19, 2026, as the next Minor International earnings date. Investors will then have a fresh checkpoint on hotel bookings, restaurant demand and whether Bonchon contributes to the food segment's growth trajectory.

Minor Intl stock stays below yearly high

At THB 20.30 on the SET at 12:05 p.m. ICT on October 7, 2026, the stock stood within its THB 19.60 to THB 27.00 52-week range. Its market capitalization was THB 114.2 billion and trading volume was 597,700 shares at that timestamp.

Upcoming dates for Minor Intl stock

• November 19, 2026: Q3 2026 earnings