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Home / Capital / Results

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

Results

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

Felicia Tan Published on Fri, May 14, 2021 / 6:15 PM GMT+8

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.