MARKET UPDATES :
MILLENNIUM & Copthorne Hotels Plc, the hospitality arm of Singapore-listed City Developments, reported on Thursday weaker bottomline for the second quarter of 2014, prompting management’s note of cautious optimism for the full year.Net profit for the second quarter was 24 million pounds compared to a restated 33.2 million pounds a year ago.Earnings per share were 7.4 pence, compared to 10.2 pence per share a year ago.
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MILLENNIUM & Copthorne Hotels Plc, the hospitality arm of Singapore-listed City Developments, reported on Thursday weaker bottomline for the second quarter of 2014, prompting management’s note of cautious optimism for the full year.Net profit for the second quarter was 24 million pounds compared to a restated 33.2 million pounds a year ago.Earnings per share were 7.4 pence, compared to 10.2 pence per share a year ago.
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