Straco Corporation posts lower Q3 revenue and profit amid subdued tourism demand

SGX Filings
2025/11/27

Straco Corporation Limited on Nov, 27 2025 released an unaudited business update showing that revenue for the third quarter ended Sep, 30 2025 fell 13.4 % year on year to 27.22 million Singapore dollars, while net profit attributable to shareholders declined 8.0 % to 10.73 million Singapore dollars.

For the nine-month period to Sep, 30 2025, group revenue decreased 11.0 % to 59.90 million Singapore dollars and net profit attributable to shareholders dropped 27.4 % to 16.08 million Singapore dollars.

Operating profit for 3Q2025 stood at 15.72 million Singapore dollars, 11.6 % lower than a year earlier. Net cash generated from operating activities in the quarter totalled 16.35 million Singapore dollars, down 23.7 % from 3Q2024.

As at Sep, 30 2025, the group held net cash of 184.98 million Singapore dollars.

Management said businesses in China and Singapore remained profitable during the quarter, with Shanghai Ocean Aquarium achieving year-on-year growth, while Underwater World Xiamen and the Lixing Cable Car operation in Xi’an recorded lower revenue and profitability. The company added that visitor numbers improved during the summer holidays and that the reimagined Singapore Flyer “Time Capsule” experience was launched as part of Singapore’s 60th anniversary celebrations.

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