{"ticker":"MCK","name":"Millennium & Copthorne Hotels New Zealand Limited","slug":"millennium-and-copthorne-hotels","sector":"Consumer Discretionary","industry":null,"exchange":"NZX","exchange_mic":"XNZE","isin":"NZMCKE0004S9","lei":null,"permid":null,"website_url":"https://mckhotels.co.nz/investors/","description":"Millennium & Copthorne Hotels New Zealand Limited owns and operates a portfolio of hotels across New Zealand under the Millennium, Copthorne, and Kingsgate brands. The company is part of the global Millennium & Copthorne Hotels group, ultimately controlled by Singapore-listed City Developments Limited (CDL) through its hospitality arm. The New Zealand portfolio includes landmark properties in Auckland, Wellington, Queenstown, Rotorua, and other key tourist destinations, offering accommodation ranging from premium full-service hotels to comfortable mid-scale properties. Listed on the NZX, the company has a concentrated ownership structure with CDL Investments New Zealand Limited holding the majority stake. The hotels cater to both business and leisure travellers, benefiting from New Zealand's tourism industry while facing challenges from changing travel patterns and accommodation market dynamics.","financial_year_end":"December","as_of":"2026-06-15","generated_at":"2026-06-15T13:27:50.304Z","canonical_url":"https://nzxplorer.co.nz/companies/millennium-and-copthorne-hotels","data_license":"CC BY 4.0 with attribution to NZXplorer + NZX as primary disclosure source","market":{"as_of":"2026-06-15","market_cap_nzd":344915490,"last_close_nzd":3.4,"last_close_date":"2026-06-15","currency":"NZD"},"governance":{"as_of":"2026-06-15T13:10:48.425+00:00","grs":68.97,"grs_rating":"Good","grs_calculated_at":"2026-06-15T13:10:48.425+00:00","board_structure_score":12,"exec_remuneration_score":7.5,"board_size":8,"independent_directors":3,"board_independence_pct":38,"chair_name":"Colin Sim","chair_slug":"colin-sim","ceo_name":null,"ceo_role_label":null,"board":[{"name":"Colin Sim","slug":"colin-sim","profile_url":"https://nzxplorer.co.nz/people/colin-sim","is_chair":true,"is_independent":false},{"name":"Eik Sheng Kwek","slug":"eik-sheng-kwek","profile_url":"https://nzxplorer.co.nz/people/eik-sheng-kwek","is_chair":false,"is_independent":false},{"name":"Graham McKenzie","slug":"graham-mckenzie","profile_url":"https://nzxplorer.co.nz/people/graham-mckenzie","is_chair":false,"is_independent":true},{"name":"Kevin Hangchi","slug":"kevin-hangchi","profile_url":"https://nzxplorer.co.nz/people/kevin-hangchi","is_chair":false,"is_independent":false},{"name":"Kian Seng Tan","slug":"kian-seng-tan","profile_url":"https://nzxplorer.co.nz/people/kian-seng-tan","is_chair":false,"is_independent":false},{"name":"Leslie Preston","slug":"leslie-preston","profile_url":"https://nzxplorer.co.nz/people/leslie-preston","is_chair":false,"is_independent":true},{"name":"Steven Zingel","slug":"steven-zingel","profile_url":"https://nzxplorer.co.nz/people/steven-zingel","is_chair":false,"is_independent":true},{"name":"Stuart Harrison","slug":"stuart-harrison","profile_url":"https://nzxplorer.co.nz/people/stuart-harrison","is_chair":false,"is_independent":false}]},"financials_latest_fy":{"as_of":"FY2025","fiscal_year":2025,"currency":"NZD","units":"thousands","revenue_thousands":186733,"gross_profit_thousands":98928,"ebitda_thousands":44973,"ebit_thousands":30625,"net_profit_thousands":24796,"eps_cents":23.51,"dividends_per_share_cents":3,"total_assets_thousands":800463,"total_equity_thousands":685019,"net_debt_thousands":-4361,"cash_and_equivalents_thousands":20361,"total_borrowings_thousands":20000,"operating_cash_flow_thousands":25738,"free_cash_flow_thousands":-26514,"capex_thousands":52252},"ratios_latest_fy":{"as_of":"FY2025","fiscal_year":2025,"gross_margin":52.98,"net_margin":13.28,"ebitda_margin":24.08,"roe":3.62,"roa":3.1,"debt_to_equity":0.17,"current_ratio":3.66},"dividends_latest":{"as_of":"2020-05-07","ex_date":"2020-05-07","amount_cents_per_share":7.5,"imputation_pct":28,"currency":"NZD"},"latest_announcement":{"as_of":"2026-05-26","id":68225,"date":"2026-05-26","title":"MCK 2026 ASM Presentation & remarks by Chair and MD","type":"MKTUPDTE","url":"https://www.nzx.com/announcements/473346"},"recent_changes":[{"date":"2026-06-15","facet":"governance","change":"Governance Risk Score recalculated: 68.97 (Good)"}],"links":{"page":"https://nzxplorer.co.nz/companies/millennium-and-copthorne-hotels","detail_json":"https://nzxplorer.co.nz/api/v1/companies/MCK?include=all","facts_json":"https://nzxplorer.co.nz/api/v1/companies/MCK/facts.json","nzx":"https://www.nzx.com/companies/MCK"}}