straco corp

Dip is attributed to a less buoyant economic outlook, which has affected consumers’ confidence and discretionary spending on leisure activities

Revenues generated from the Singapore Flyer were 33% higher than the year-ago period 

But it cautioned that the pace of recovery in China remains moderate due to reduced consumer spending

TOURISM facilities operator Straco Corporation on Thursday (Feb 29) recorded a net profit of S$19.3 million for the second half of 2023, reversing from a S$2.3 million net loss in the year-earlier per...

TOURISM facilities operator Straco Corporation is expected to report a substantial net profit for its 2023 financial year.

STRACO Corporation, which operates tourism facilities such as the Shanghai Ocean Aquarium and the Singapore Flyer, reported a net profit of S$6.4 million for the half year ended June 2023.

TOURISM facilities operator Straco Corporation posted a S$1.6 million net profit for its first quarter, reversing a previous loss of S$3 million, as revenue surged higher.

TOURISM attractions operator Straco Corporation is expecting a “substantial net loss” for FY2022, as compared to the net profit recorded in FY2021, the group said on Wednesday (Feb 8). 

TOURISM attractions operator Straco Corporation posted a net loss of S$3 million in its fiscal first quarter ended March 31, compared with a net loss of S$390,000 in the year ago period.