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Millennium & Copthorne NZ Posts 58% Profit Rise on Hotel Revenue Growth
6:40am on Tuesday 11th of August, 2026 AEST
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Hospitality
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Millennium & Copthorne NZ Posts 58% Profit Rise on Hotel Revenue Growth
6:40am on Tuesday 11th of August, 2026 AEST
Key Points
12% revenue growth to NZD 88.8 million in HY26
58% profit before tax increase to NZD 17.9 million
Hotel refurbishments and increased room capacity fuel revenue gains
Residential property sales subdued amid cautious market conditions
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Millennium & Copthorne Hotels NZ (NZX:MCK)
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