Straco posts $10.7m net profit in Q3
I'm PortAI, I can summarize articles.
Straco Corporation Limited reported a net profit of $10.73m in Q3, an 8% YoY decline. Profit after tax was $11.34m, down 9%. For the nine months to September, net profit fell 27.4% to $16.08m. Operating profit for Q3 was $15.72m, down 11.6%. China operations showed mixed results, with Shanghai Ocean Aquarium performing well, while Xiamen aquarium and Xi’an cable car faced declines. Singapore operations remained profitable. The company recorded a $0.63m exchange gain and net cash from operations was $16.35m, down 23.7% YoY.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments