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An update from City Developments ( (SG:C09) ) is now available.
Millennium & Copthorne Hotels New Zealand Limited reports an increase in revenue to $176.184 million for 2024, driven by higher hotel and property sales. Despite the rise in operating profit, net profit decreased significantly due to a substantial increase in income tax expenses, impacting the earnings attributable to shareholders.
More about City Developments
Millennium & Copthorne Hotels New Zealand Limited operates in the hospitality industry, focusing on hotel management and property sales, catering to both accommodation and real estate markets.
YTD Price Performance: 0.27%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.4B
For a thorough assessment of C09 stock, go to TipRanks’ Stock Analysis page.
