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Flyer owner Straco's profit up 7% in Q1

It sees growth in visitor numbers at China attractions and higher F&B revenue at the Singapore Flyer

Published Tue, May 9, 2017 · 09:50 PM

Singapore

TOURIST attraction operator Straco Corporation posted improved first-quarter earnings, attributing it to the better yield of its four attractions in China and Singapore.

Net profit for the mainboard-listed Straco in the three months ended March 31 was S$8.91 million - a 6.9 per cent increase from the S$8.34 million in Q1 2016, it said in a Singapore Exchange filing on Tuesday.

Revenue rose 4.2 p…

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