FilingReader Intelligence

MCK revenue soars 21% amidst takeover offer

March 31, 2025 at 09:10 AM UTCBy FilingReader AI

Millennium & Copthorne Hotels New Zealand (NZX:MCK) reported a 21% increase in revenue to NZD 176.2 million for FY24, alongside a 25.6% rise in profit before tax to NZD 47.1 million. The company highlighted strong performance in its New Zealand hotel business and a positive shift in property markets through CDL Investments. Total assets grew to NZD 762.3 million, and property assets are valued at NZD 1.1 billion.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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