MCK Reports Strong Growth in EPS

  • Jul 29, 2020 NZST
  • Team Kalkine
MCK Reports Strong Growth in EPS

For the six months ended 30 June 2020, Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) reported unaudited profit before tax and non-controlling interests of $26.26 million. The results were led by sales of residential sections from majority-owned subsidiary CDL Investments New Zealand Limited which traded well in the last six months.

The EPS of the company increased to 21.55 cents per share, reflecting the impact of the tax credit from the COVID-19 Business Continuity Package.

 


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