Straco Q3 net surges 72% to $15.2m

CHINA tourism operator Straco Corporation reported a 72 per cent surge in net profit to $15.2 million for its third quarter ended Sept 30, up from $8.9 million a year ago.

This was due to more people visiting its two main aquarium attractions in Shanghai and Xiamen, as well as a mountain cable car near Xi'an.

Quarterly revenue was up 43 per cent to $30.5 million, from $21.3 million a year ago.