Straco Corporation Limited Reports FY2024 Financial Results
Summary:
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Revenue: The Group reported revenue of S$45.6 million for the second half ended 31 December 2024 (2H2024), with a decrease in revenues at its China attractions due to lower visitor arrivals amidst weak consumer sentiments. The Singapore Flyer experienced higher revenue in 2H2024 compared to 2H2023, with increased ticketing and retail revenues, as well as net rental income from retail leases and Formula 1-related revenue.
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Net Profit: The Group achieved a net profit of S$27.22 million for the full year ended 31 December 2024.
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Earnings Per Share (EPS): The EPS for FY2024 was not specified in the available information.
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Total Assets: The total assets as of 31 December 2024 were not specified in the available information.
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Total Liabilities: The total liabilities as of 31 December 2024 were not specified in the available information.
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Cash and Cash Equivalents: The cash and cash equivalents as of 31 December 2024 were not specified in the available information.
Note: The above information is based on the media release dated 28 February 2025, as the full Annual Report for FY2024 was not accessible at the time of this summary.