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Straco reports slight dip in Q3 earnings

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Published Thu, Nov 10, 2016 · 09:50 PM

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Straco Corporation

Singapore

A DEPRECIATION of the Chinese yuan and lower visitor numbers at one of its attractions in China led to a slight dip in net profit for tourism play Straco Corporation for its third quarter ended Sept 30, 2016.

Net profit was down 3.6 per cent to S$22.7 million, from S$23.6 million a year ago.

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