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Straco Corporation
Results
Straco announces earnings of $16.3 mil for 3QFY2023 as China businesses return in full swing
In comparison, the company reported earnings of just $175,000 for 3QFY2022.
November 24, 2023
Results
Straco Corporation bounces back with earnings of $6.38 million for 1HFY2023
The company recorded a 264% increase in revenue y-o-y of $32.08 million.
August 14, 2023
Results
Straco Corp expects to report 'substantial net loss' for FY2022
The net loss is attributed to the lower revenue from its China attractions and the lower RMB against the SGD among others.
February 08, 2023
Results
Straco expects to report material operating loss and negative operating cashflow for 1HFY2022
The group will announce its results for the 1HFY2022 in August.
July 18, 2022
Results
Straco Corp reports 3QFY2021 earnings of $4.4 million, down 32.4% y-o-y
As at Sept 30, the company has a cash balance of $173.1 million which works out to just over 20 cents per share.
November 18, 2021
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May 21, 2021
Results
Straco reports surge in revenue, narrows losses to $390,000 in 1Q21
The group says its business continues to be affected by the impact of Covid-19, especially in Singapore.
May 14, 2021
Results
Straco Corp to take impairment on assets, will report losses for FY2020
For 9MFY2020, Straco reported losses of $197,000 versus $36.3 million in the year earlier
February 11, 2021
Sector Focus
Tourism most hard-hit sector in 2020; impending vaccination offers hope
Among all the sector, the tourism sector is the hardest hit by the pandemic. But the impending vaccination does offer some hope.
December 18, 2020
Results
Straco sinks into 1QFY20 loss; expects more red ink for 2Q
Straco warns that the outbreak continues to hurt the tourism industry in the short to medium term.
May 21, 2020