MINT’s Expenses Drag 3Q Profit Down 10% to ฿1.01 Billion!!
Due to high expense from services, sales, and administration, MINT's 3Q18 profit lowered by 10%.
Minor International Public Company Limited (MINT) has reported its 3Q18 consolidated financial statement through the Stock Exchange of Thailand as follows:
MINT’s revenue in 3Q18 grew 11% to ฿15,889 million from the same period last year, however, the profit in 3Q18 was 1,019 million, decreased 10.77% due to its higher expense in services operations, cost of sales, administrative expenses etc.
On the bright side, MINT’s 9M18 still inched higher by 3.68% at ฿3.94 billion.