Millennium & Copthorne quarterly profit, room revenue fall [Reuters]
CITY DEVELOPMENTS S/ADR (CDEVY)
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ir.cdl.com.sg
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Source: Reuters
Millennium & Copthorne quarterly profit, room revenue fall - Reuters 1 Min Read May 10 (Reuters) - Britain’s Millennium & Copthorne Hotels Plc said on Friday group revenue per room fell in the first quarter, as ongoing renovations kept its major hotels in London and Singapore partially or fully closed. The company, 65 percent owned by Singaporean billionaire Chairman Kwek Leng Beng’s City Developments, said profit before tax fell to 11 million pounds ($14.30 million) from 26 million pounds last year ($1 = 0.7692 pounds) (Reporting by Tanishaa Nadkar and Sangameswaran S in Bengaluru; editing by Gopakumar Warrier) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Millennium & Copthorne quarterly profit, room revenue fall May 10 (Reuters) - Britain’s Millennium & Copthorne Hotels Plc said on Friday group revenue per room fell in the first quarter, as ongoing renovations kept its major hotels in
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News
- Millennium Hotels and Resorts Partners with Aiello to Revolutionize Hospitality with AI Voice Technology [Yahoo! Finance Canada]Yahoo! Finance Canada
- Billionaire Kwek Leng Beng's CDL Sells 20% Of Singapore Luxury Condo Amid Tepid Demand [Forbes]Forbes
- Tycoon Ong Beng Seng's HPL Buys Concorde Hotel Singapore In Deal Valued At $620 Million [Forbes]Forbes
- Shareholders in City Developments (SGX:C09) are in the red if they invested five years ago [Yahoo! Finance]Yahoo! Finance
- Billionaire Kwek Leng Beng's CDL Revives China Bet With Shanghai Property Purchase [Forbes]Forbes