Tourist consumption confidence weakens, Straco Group's third-quarter performance lags behind last year | Lianhe Zaobao

Straco Group's third-quarter performance was weaker than last year, with net profit decreasing by 8% year-on-year to 10.73 million yuan, revenue falling by 13.4% to 27.22 million yuan, and operating profit dropping by 11.6% to 15.72 million yuan. Weak consumer confidence in China affected performance, although the Shanghai Ocean Aquarium showed growth, revenues from the Xiamen Aquarium and Xi'an Cable Car declined. The group remains cautiously optimistic about the tourism industry's outlook