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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.
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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

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