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Visitor growth boost Straco's H1 net profit to $10.49m
Net profit was up 64.5% YoY.
Straco Corporation's net profit rose 64.5% YoY to $10.49m in H1 2024.
Included in the net profit is an exchange gain of $0.38m and an exchange loss of $1.49m.
With higher net profit, the company also reported an improved earnings per share (EPS) of $0.0123, up 64.0% YoY.
Also in H1, the group reported a $35.9m revenue, an 11.9% increase from last year’s $32.8m.
The company credited the increase in revenue to a 13% growth in visitor numbers at their attractions.
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