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Straco 1Q earnings up 7% to $8.9 mil on higher revenue

Jude Chan
Jude Chan • 1 min read
Straco 1Q earnings up 7% to $8.9 mil on higher revenue
SINGAPORE (May 9): Straco Corporation posted earnings of $8.9 million for the first quarter ended March, an increase of 6.9% from $8.3 million a year ago.
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SINGAPORE (May 9): Straco Corporation posted earnings of $8.9 million for the first quarter ended March, an increase of 6.9% from $8.3 million a year ago.

Revenue grew 4.2% to $27.5 million in 1Q17, from $26.4 million a year ago.

This was attributable to higher revenues from increased visitation to its three attractions in China and better yield at Singapore Flyer.

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