Home Capital Results

Straco reports surge in revenue, narrows losses to $390,000 in 1Q21

Felicia Tan
Felicia Tan5/14/2021 06:15 PM GMT+08  • 2 min read
Straco reports surge in revenue, narrows losses to $390,000 in 1Q21
The group says its business continues to be affected by the impact of Covid-19, especially in Singapore.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Straco Corporation has reported revenue of $8.1 million for the 1QFY2021 ended March, a 137.6% surge from revenue of $3.4 million in its business update.

The higher revenue growth was due to positive growth in revenue for all its attractions as there were no temporary closures and suspension of rides compared to the same period in the year before.

SEE:Straco Corp posts 0.4% lower 4Q earnings of $6 mil; announces special & final dividend

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now