Minor International PCL (OTCPK:MNIPF)
$ 0.1 0 (0%) Market Cap: - Enterprise Value: - PE Ratio: 47.37 PB Ratio: 1.95 GF Score: 85/100
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Q3 2020 Minor International PCL Earnings Call Transcript

Nov 17, 2020 / NTS GMT
Chaiyapat Paitoon
Minor International Public Company Limited - CFO & Chief Strategy Officer

Hi. Good morning, apology, again. But today agenda, I'm going to go start off very quickly. In terms of third quarter 2020 in review, which is results recap. And then Jutatip will talk about in detail the business development or ease in development that we had at Minor Hotels, Minor Food and Minor Lifestyle. And I will wrap up with corporate information, together with our strategies and plan to respond to COVID situation, both immediate and long-term strategies. So let's start off with the third quarter results recap.

Before we go into the number, I want to highlight some of the key positive development that we have. In the third quarter, the magnitude of core losses has sequentially come down significantly quarter-on-quarter when you compare with second quarter. On the back of our resumption of our businesses, we start to open our hotels, our restaurant and lifestyle outlets.

And then at Minor Food, Minor Foods start to turn profitable at NPAT level in the third quarter. Actually, every month

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