<div><div><p>[SINGAPORE] Tourist attraction developer and operator Straco has posted a 49 per cent decrease in net profit to S$5.4 million for the first half ended Jun 30, down from S$10.5 million in the previous corresponding period.</p><p>On Monday (Aug 11), the group, which operates the Singapore Flyer as well as several attractions in China, attributed this to a “less buoyant” economic outlook, which has affected consumers’ confidence and discretionary spending on leisure activities.</p><p>Straco’s executive chairman Wu Hsioh Kwang said: “Despite the economic slowdown, the tourism sector remains resilient in both markets that the group operates in. That said, tourists are showing greater caution with discretionary spending.” </p><div><div><div><div id="dfp-ad-imu1"></div></div></div></div><p>Revenue fell 9 per cent to S$32.7 million, down from S$35.9 million in the previous corresponding period. </p><p>Revenue generated at the Singapore Flyer fell to S$14.3 million, down from S$14.6 million.
</p><p>Meanwhile, its revenue from three attractions in China was S$18.4 million, 13 per cent lower compared to a year ago. Its attractions in China include the Shanghai Ocean Aquarium, Lixing cable car service at Mount Lishanand Underwater World Xiamen.</p><div><div><div><div id="dfp-ad-midarticlespecial"></div></div></div></div><p>Overall attendance to all the attractions totalled 1.29 million visitors for the half year, 12 per cent lower than the corresponding period of 1.47 million visitors a year ago. </p><p>The group reported a net profit of S$5.4 million for the first half of the year, including an exchange loss of S$1.24 million, while an exchange gain of S$380,000 was recorded in the corresponding period.</p><p>Earnings per share for the period decreased to S$0.63, from S$1.23.
</p><div><div><div><div id="dfp-ad-imu2"></div></div></div></div><p>Straco shares closed S$0.01 or 2.4 per cent higher at S$0.425 on Monday, before the announcement.
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星雅集團

<p>星雅集團（Straco），新加坡摩天觀景輪的運營商，報告 2023 年上半年淨利潤下降 49%，降至 540 萬新元，較去年同期的 1050 萬新元減少。收入下降 9%，至 3270 萬新元，遊客人數減少至 129 萬。此次下降歸因於經濟前景不佳影響了消費者信心和可支配支出。儘管面臨挑戰，星雅集團的執行主席指出旅遊行業的韌性。每股收益從 1.23 新元降至 0.63 新元</p>

星雅集團運營的新加坡摩天觀景輪在上半年利潤下降 49%，降至 540 萬新加坡元