** Shares of Millennium & Copthorne Hotels New Zealand MCK.NZ rise 8.8% to NZ$2.61, their highest levels since February 3, 2020
** Stock rose as much as 11.8% to NZ$2.67 in early trade
** The hotel operator posts profit before tax of NZ$47.1 million for fiscal 2024 vs NZ$37.5 million last year
** Co attributes its profit gain to positive growth in NZ hotel business
** More than 38,000 shares change hands, 2.1 times the 30-day avg volume
** Stock up 43.4% YTD, including current session's moves
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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