Operating profit, meanwhile, fell nearly 25% to $17.8 million, while profit after tax fell 27.7% y-o-y to $12.5 million in 3QFY2024.
Tourism attraction operator Straco Corporation (SGX:S85
) has posted revenue of $31.4 million for 3QFY2024 ended Sept 30, down 11.4% y-o-y.
According to a Nov 22 bourse filing, further weakening of the renminbi weighed on the group’s profitability with an exchange loss of $1.2 million recorded in 3QFY2024, compared to an exchange gain of $0.23 million recorded in 3QFY2023.
