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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Hotel Grand Central
Hotel Grand Central (H18) investor relations material
Hotel Grand Central H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary14 Aug, 2026
Executive summary
H1 revenue rose to $74.734m from $68.821m, while profit after tax increased to $11.200m from $3.429m, supported by stronger hotel revenue and a $3.492m foreign exchange gain.
Total comprehensive income was $30.317m, including $7.912m fair value gains on equity investments and $11.205m foreign currency translation gains.
Financial highlights
Hotel revenue was $69.198m versus $63.149m; rental income was $5.536m versus $5.672m.
Operating profit increased to $8.547m from $6.099m; profit before tax was $14.831m versus $7.133m.
Net profit after tax was $11.200m versus $3.429m; EPS was 1.51 cents versus 0.46 cents.
Operating cash flow was $18.971m versus $19.443m; cash and cash equivalents at period-end were $262.041m versus $226.010m.
Outlook and guidance
For H2 2026, focus is on improving hotel operating revenue and reviewing operating costs.
No dividend was declared or recommended for the current period; cash is being conserved for future investments and working capital.
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Latest events from Hotel Grand Central
- Revenue grew 3.9%, profit rebounded, and Auckland hotel opening shifted to 2024.H18
H2 2023 - Hotel recovery lifted H1 profit 93%, while currency and cost pressures persisted.H18H1 2023
- Lower hotel revenue cut H1 profit, partly cushioned by higher interest income and lower FX losses.H18H1 2024
- A one-off New Zealand tax charge drove a $14.0m loss as 2025 trading remained challenging.H18H2 2024
- Revenue grew modestly, but higher costs and FX losses more than halved H1 profit.H18H1 2025
- Revenue grew, but valuation losses widened the FY2025 net loss to $27.5m.H18H2 2025
Next Hotel Grand Central earnings date
H2 202626 Feb, 2027
Hotel Grand Central
Next Hotel Grand Central earnings date
H2 202626 Feb, 2027
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