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Singapore Flyer boosts Straco Q3

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Published Fri, Nov 13, 2015 · 09:50 PM

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Straco Corporation

Singapore

THE haze did not dent the results of tourist attraction operator Straco Corporation, which on Friday reported results for its third quarter ended Sept 30, 2015. Net profit rose 21 per cent to S$23.6 million, compared to S$19.5 million a year ago.

Revenue was up 28 per cent to S$49.3 million, from S$38.6 million a year ago, boosted by contributions from the Singapore Flyer, which Straco bought last November.

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