Straco Corporation Limited
SSGX:S850.29
SGD
0.00
(0.00%)
ISIN
SG1P15916395
Return %
Stock
S&P 500
1Y
-27.85
14.20
3Y
-29.63
81.12
5Y
-44.12
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
SGD
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in mil. unless spec.Semi-annual Revenue
SGD
•
in mil. unless spec.Semi-annual Earnings Per Share
SGD
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in mil. unless spec.Semi-annual Dividends Per Share
SGD
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in mil. unless spec.Company Description
- CEO
- Hsioh Kwang Wu
- Full Time Employees
- 450
- Sector
- Consumer services
- Industry
- Other consumer services
- Address
- No. 30-15 International Plaza Singapore CE Singapore 079903
- IPO Date
- Feb 20, 2004
- Website
- stracocorp.com
- Similar Companies
- Business
- Straco Corporation Limited is a Singapore-based developer, operator, and investor specializing in premier tourism-related attractions and aquatic facilities. The company’s core products and services include the development, management, and operation of large-scale aquatic attractions such as public aquariums and sea mammal performance venues; giant observation wheels; cable-car facilities; and ancillary retail and food and beverage services supporting these attractions. Notable assets include the Shanghai Ocean Aquarium in China, Underwater World Xiamen located on Gulangyu Island, the Lixing Cable Car in Shaanxi Province, and the Singapore Flyer, a landmark giant observation wheel in Singapore. It also provides management consulting and project management services for its own projects and third parties. Straco operates primarily in Singapore and China, targeting tourists and local visitors interested in entertainment, education, and culture through immersive tourism experiences. The company was incorporated in 2002 and listed on the Singapore Exchange in 2004, with headquarters in Singapore. Recent major changes within the last 1-2 years include a continuous focus on operational optimizations and maintaining a strong financial position with net cash holdings rising to SGD 184.98 million as of September 2025. In 2024 and 2025, Straco reported sustained profitability despite some revenue declines in its aquarium and cable car operations, reflecting market dynamics and currency fluctuations impacting its China-based assets. The company has also engaged in share buyback programs indicating strategic capital management. No recent acquisitions or name changes were reported, but Straco continues to reinforce its position as a leading tourism asset operator by emphasizing quality visitor experiences and cultural integration. The company comprises several subsidiaries including Straco Leisure Pte Ltd and New Bay Holdings Pte Ltd. Straco’s business segments are divided primarily into Aquariums and Giant Observation Wheel (GOW) operations, supplemented by cable-car and tourism-related assets management. The Group’s flagship projects—Shanghai Ocean Aquarium, Underwater World Xiamen, Singapore Flyer, and Lixing Cable Car—serve the tourism and leisure industries, making Straco a notable player in Greater China and Singapore’s tourism development landscape. Straco Corporation Limited remains focused on enhancing its portfolio of tourism attractions that combine entertainment, education, and culture, while leveraging its geographic presence in the Asia-Pacific region to capture both domestic and international tourist demand. The company’s approach systematically integrates its product offerings across multiple categories to create unique, high-quality visitor experiences. This comprehensive profile reflects Straco Corporation Limited’s established expertise in tourism assets development and operation, its ongoing financial robustness, and its strategic operational focus within the leisure and consumer cyclical sectors in Asia.