MCK: Strong revenue and profit growth, with future outlook supported by asset expansion and upgrades

About this update from Millennium & Copthorne Hotels New Zealand Limited

Revenue rose 21% to $176.2m and operating profit increased 32% to $42.5m, with profit after tax impacted by a $25.8m one-off deferred tax adjustment. Excluding this, profit after tax would be $27.2m. Major hotel refurbishments and a key acquisition position the group for future growth.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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