Revenue for the quarter increased by 5.8% to $24.6 million from $23.2 million last year, mainly due to higher revenue at the group’s three attractions in China- Shanghai Ocean Aquarium (SOA), Underwater World Xiamen (UWX), and Lixing Cable Car, but was partially offset by lower revenue from Straco Leisure which operates the Singapore Flyer.
SINGAPORE (Feb 28): Straco Corporation announced that its 4Q17 earnings dropped 1.2% to $6.07 million compared to $6.14 million in 4Q16.
This brings FY17 earnings to $47.7 million, 2.7% higher than $46.5 million in FY16.
