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Millennium & Copthorne Hotels' Q1 profit doubles to £26m

Lobby of New M Social hotel in Auckland, which opened in October 2017.


LONDON-LISTED Millennium & Copthorne Hotels (M&C) posted a profit before tax of £26 million (S$46.92 million) for the first quarter ended March 31, 2018, double that of the same period a year ago in constant currency terms.

The rise in profit was helped by a gain...

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