The share price of Minor International Public Company Limited (SET: MINT) at the time of 3:27 PM on Tuesday was at THB 23.20, an increase of THB 1.00 or 4.50% with a total trading value of THB 456.05 million.
Land and Houses Securities stated in its research report that MINT’s 2Q25 earnings are expected to grow both quarter-on-quarter and year-on-year. The main driver is the hotel business, which is anticipated to recover as the European tourism season begins.
In addition, the company has benefited from the Songkran festival in Thailand, which supports higher occupancy rates and boosts revenue per available room (RevPAR). The brokerage firm maintains a “Buy” recommendation on MINT with a target price of THB 34 per share.