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MCK: Hotels drove record revenue, offsetting property weakness; profit after tax surged

MCK: Hotels drove record revenue, offsetting property weakness; profit after tax surged

Millennium & Copthorne Hotels New Zealand LimitedFebruary 24, 20265
MCK: Hotels drove record revenue, offsetting property weakness; profit after tax surged

About this update from Millennium & Copthorne Hotels New Zealand Limited

Revenue hit a five-year high, driven by strong hotel performance and strategic acquisitions, while property segment results remained subdued. Operating profit declined due to property headwinds, but profit after tax surged year-over-year.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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