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Millennium & Copthorne Hotels posts Q4 profit of £19m

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Published Fri, Feb 17, 2017 · 09:50 PM

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Singapore

MILLENNIUM & Copthorne Hotels (M&C), the London-listed hotel arm of Singapore's City Developments Limited, posted a net profit of £19 million (S$33.5 million) for the fourth quarter of 2016, up from £5 million a year ago.

Total revenue went up 12.5 per cent year on year to £261 million in Q4 2016.

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