SINGAPORE (Nov 12): Straco Corporation reported 3Q18 earnings edged up 0.1% to $21.4 million from $21.3 million in 3Q17.

This brings 9M18 earnings to $35.8 million, 14.1% lower than $41.7 million in 9M17.

Revenue for the quarter came in 5.2% higher at $48.5 million from $46.1 million in the previous year, mainly due to higher revenues achieved by Shanghai Ocean Aquarium (SOA), Underwater World Xiamen (UWX) and Lixing Cable Car, but partially offset by lower revenue achieved by Singapore Flyer.

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