Singapore Flyer

The company expects sentiment to improve

For 9MFY2020, Straco reported losses of $197,000 versus $36.3 million in the year earlier

SINGAPORE (May 14): Straco Corporation, the developer and operator of tourism-related attractions including the Singapore Flyer, has posted earnings of $8.5 million for the 1Q ended March, more than doubling from its 1Q18 earnings of $3.5 million due to h

SINGAPORE (Feb 28): Straco Corporation saw a marginal 0.4% y-o-y dip in 4Q18 earnings to $6.04 million from $6.07 million a year ago, as lower revenue for the quarter was offset by lower expenses compared to the corresponding period.

SINGAPORE (Feb 28): Straco Corporation announced that its 4Q17 earnings dropped 1.2% to $6.07 million compared to $6.14 million in 4Q16.

SINGAPORE (Nov 14): Straco Corporation announced earnings of $21.3 million for 3Q17, representing a 6.1% decline from its 3Q16 earnings of $22.7 million a year ago, on lower revenue and higher expenses.

SINGAPORE (Nov 10): Straco Corporation, the owner and operator of the Singapore Flyer and Shanghai Ocean Aquarium, posted a 3.6% fall in 3Q earnings to $22.7 million from a year ago.

SINGAPORE (Aug 10): Straco Corporation, the operator of tourism-related attractions, posted earnings of $9.3 million in 2Q16, 11.6% lower than $10.5 million recorded in the same quarter last year.

SINGAPORE (May 10): Straco Corp’s 1Q16 earnings slipped 4% to $8.3 million on year, weighed down by start-up cost for its new Chinese restaurant which opened at the Singapore Flyer in February.