Straco Q1 earnings flat despite surge in revenue

Published Fri, May 9, 2014 · 10:00 PM

Singapore

CHINA tourism operator Straco Corporation recorded flat earnings for the first quarter despite a near one-third surge in revenue.

Net profit for the January-March quarter was $5.41 million, or 0.64 cent per share, down one per cent from $5.46 million, or 0.65 cent per share, a year earlier.