Millennium & Copthorne Hotels New Zealand Limited reported FY25 revenue of 186.7 million Singapore dollars, the highest level in five years, driven by a 19.5 percent jump in domestic hotel income to 130.9 million Singapore dollars.

Operating profit fell 28 percent year-on-year to 30.6 million Singapore dollars as softer residential land sales at 65 percent-owned CDL Investments New Zealand offset hotel gains.

Net profit rose 182 percent to 24.8 million Singapore dollars, reflecting the absence of a one-off deferred-tax charge booked a year earlier. Profit attributable to shareholders reached 20.2 million Singapore dollars, equivalent to basic earnings of 12.78 cents a share.

The group ended Dec, 31 2025 with total assets of 800.5 million Singapore dollars and net assets of 685.0 million Singapore dollars. Cash and short-term deposits stood at 24.2 million Singapore dollars, while bank borrowings totalled 20.0 million Singapore dollars.

Directors declared a fully-imputed final dividend of 3 cents a share, payable on May, 15 2026 to investors on the register at May, 8 2026.

During the year the company completed the 31.9 million Singapore-dollar purchase of The Mayfair Hotel in Christchurch and finished major refurbishments at several properties, adding room capacity ahead of an expected tourism rebound in 2026.