You are here

M&C's Q1 net profit falls on challenging hospitality markets

M&C's core hotel revenue fell by 2.9 per cent from a year ago to £165 million in Q1 2016


MILLENNIUM & Copthorne Hotels plc (M&C) on Thursday posted a net profit of £6 million (S$11.8 million) for the first quarter of 2016, down from £8 million a year ago, on challenging conditions facing its major hospitality markets, prompting the group chairman to warn of...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to