Business

MCK: Double-digit revenue and profit growth, with strong outlook as tourism and property recover

MCK: Double-digit revenue and profit growth, with strong outlook as tourism and property recover

Millennium & Copthorne Hotels New Zealand LimitedFebruary 23, 20254
MCK: Double-digit revenue and profit growth, with strong outlook as tourism and property recover

About this update from Millennium & Copthorne Hotels New Zealand Limited

Revenue and operating profit saw double-digit growth year-over-year, driven by strong hotel and property performance. Excluding a one-off tax adjustment, profit after tax was $27.2m. Continued investment in refurbishments and acquisitions positions the business for further growth in 2025.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Millennium & Copthorne Hotels New Zealand Limited