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    MCK — Millennium & Copthorne Hotels New Zealand News Story

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    Brief: Millennium & Copthorne Hotels New Zealand Posts HY Group Revenue And Other Income NZ$84.74 Million

    Picture of Millennium & Copthorne Hotels New Zealand logoMillennium & Copthorne Hotels New Zealand
    29/07/2020 02:33
    July 29 (Reuters) - Millennium & Copthorne Hotels New
Zealand Ltd  MCK.NZ :
    * MILLENNIUM & COPTHORNE HOTELS NEW ZEALAND LTD- HY GROUP
REVENUE
AND OTHER INCOME NZ$84.74 MILLION VERSUS NZ$110.61 MILLION PCP
    * MILLENNIUM & COPTHORNE HOTELS NEW ZEALAND - HY PROFIT
ATTRIBUTABLE NZ$34.1 MILLION VERSUS NZ$23.8 MILLION
    * MILLENNIUM & COPTHORNE HOTELS NEW ZEALAND- "REALITY FOR
FORESEEABLE FUTURE IS LOWER OCCUPANCY, LOWER MARGINS AND MINIMAL
PROFIT"
    * MILLENNIUM & COPTHORNE HOTELS NEW ZEALAND LTD- BELIEVE
HAVE NOT
YET SEEN FULL EXTENT OF ECONOMIC EFFECTS OF COVID-19;  EXPECT
FURTHER FALLS IN DEMAND

Source text for Eikon:  ID:nNZS1bdba 
Further company coverage:  MCK.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))

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