Straco Corporation

Straco Corporation chalked in a strong 3Q13 net profit of $15.2m (+72%) and revenue at $30.5m (+43%), taking 9M13 net profit to $28.5m (+72%). The strong revenue was due to an increase of visitor numbers, with combined visitor numbers to its two main attractions, Shanghai Ocean Aquarium (SOA) and Underwater World Xiamen (UWX) increasing 33.4% to 1.26m visitors. Going forward, the grp remains confident of its prospects on back of continued growth in China’s economy and a rise in tourism as well.