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Straco Q2 profit falls 11.6% on lower revenue, forex losses

Shanghai Ocean Aquarium and Underwater World Xiamen revenue lower; partial offset by Singapore Flyer


WEIGHED down by currency exchange losses and lower revenue, Straco Corp turned in an 11.6 per cent slide in net profit to S$9.25 million for the second quarter ended June 30, as the yuan weakened against the Singapore dollar.

Stripping out exchange differences, group...

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