Overall visitors to all attractions fell 6.1% over the quarter, compared to that in 3Q16.
Meanwhile, total expenses excluding finance cost grew 3.5% from a quarter ago in the absence of a sales tax reversal recorded a year ago, when SOA received notification of a waiver being granted for taxes paid on ticket revenue from Jan-April 2016.
As at end Sept, Straco’s cash and cash equivalents amounted to $189.11 million.
Citing statistics from the National Bureau of Statistics of China and Singapore’s Ministry of Trade and Industry, the group implies expectations of improvements in both countries’ tourism sectors as their GDP figures continue to grow.
Shares in Straco closed 0.6% lower at 87 cents on Tuesday.
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