Monday, August 12, 2013

Straco

Straco: Continues to benefit from increased visitor numbers to its two main aquarium attractions in China, with its net profit for 2Q13 up 31% to $7.8m. Rev was up 19% to $16.4m. Grp note that the tourism sector in China has recovered from the H7N9 bird flu virus scare in April and May. For the quarter, visitor numbers to the Shanghai Ocean Aquarium and Underwater World Xiamen were up 17.4% and 10.2% respectively compared to the same period a yr ago.

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