Minor International PCL (BKK:MINT)
฿ 33.25 0.25 (0.76%) Market Cap: 188.53 Bil Enterprise Value: 371.74 Bil PE Ratio: 52.78 PB Ratio: 2.43 GF Score: 88/100
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Q2 2020 Minor International PCL Earnings Call Transcript

Aug 19, 2020 / NTS GMT
Release Date Price: ฿19.6 (-4.85%)
Emmanuel Jude Dillipraj Rajakarier
Minor International Public Company Limited - Group CEO, COO & Director

Good morning, everyone. Thank you for attending analyst presentation today. Today, the agenda is to recap our second quarter results we're going to go into detail by business units as well, Minor Hotels, Minor Food, Minor Lifestyle as well as corporate information. And at the very end, we will tell you about our response strategies to deal with the pandemic situation, both immediate and long-term plans.

Let's start with the quarter results review. Before we go into that, I just want to reiterate our opening plan and the recap of the impact of the COVID situation. We start to feel the impact of the COVID at the very beginning of the year. As you're well aware, we report losses in the first quarter. The lockdown started in March. We started to close some of our hotels, some of our restaurants and some of our Lifestyle outlets in March, but the full lockdown took place in April and May. The worst month for us in terms of the closure of our Hotels and Food and Lifestyle outlets happened in April

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