Singapore Flyer boosts Straco Q3 net profit to S$23.6m
Published Fri, Nov 13, 2015 · 10:28 AM
TOURIST attraction operator Straco Corporation reported a net profit of S$23.6 million for its third quarter ended Sep 30, 2015, up 21 per cent 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.
Straco shares last traded at S$0.85.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Hong Kong regulator to probe PwC auditing role over Evergrande
US: S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
DBS puts 46 HDB shops, private strata retail units on market for S$210 million
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece