Straco's Attributable Profit Surges 65% in H1; Shares Up 4%

MT Newswires08-13

Straco's (SGX:S85) profit attributable to owners of the company was up 65% year-over-year to SG$10.5 million from SG$6.4 million, a filing with the Singapore Exchange said on Monday.

Earnings per share came in at SG$0.0123 compared with SG$0.0075 a year earlier.

The company's revenue was up 12% year-over-year to SG$35.9 million from SG$32.1 million mainly due to increased revenues from its attractions in China.

Shares of the aquatic and tourism company were up over 4% in recent trading.

Price (SGD): S$0.48, Change: S$+0.02, Percent Change: +4.35%

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