Mainboard-listed Straco’s businesses include the Singapore Flyer, as well as indoor aquariums such as the Shanghai Ocean Aquarium and Underwater World Xiamen.
Straco Corporation, on July 18, announced that it expects to report a material operating loss and negative operating cashflow for the 1HFY2022 ended June.
The group’s financials were affected by the Covid-19 pandemic, which “continues to have a severe impact on the tourism industry”.
