{"id":34934,"date":"2022-10-31T12:37:21","date_gmt":"2022-10-31T15:37:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=34934"},"modified":"2026-04-23T03:26:00","modified_gmt":"2026-04-23T06:26:00","slug":"donaco-returns-to-positive-ebitda-2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/donaco-returns-to-positive-ebitda-2","title":{"rendered":"Donaco returns to positive EBITDA"},"content":{"rendered":"\n

The company has posted positive EBITDA of AU$1.50m (US$962,313) for the three months to September 30.<\/p>\n\n\n\n\n\n\n\n

Australia.- Donaco International has shared its financial results for the third quarter of the year. It’s reported net revenue of AU$4.5m and positive EBITDA of AU$1.50m (US$962,313), driven by the reopening of Star Vegas<\/a> and continued prudent cost control at Aristo. It was the first quarter with positive EBITDA since the first half of its fiscal year 2021.<\/p>\n\n\n\n

Star Vegas resumed operations on June 18 after the Government of Cambodia lifted the temporary closure of casinos in Banteay Meanchey province. The casino had been closed since April 27 2021. The Aristo Casino<\/a> in Vietnam continued to operate on a limited basis, as it has done so since May 8 2020. Aristo’s patrons are largely from China, which still has Covid-19 measures in place.<\/p>\n\n\n\n

Donaco\u2019s non-executive chairman, Porntat Amatavivadhana<\/strong>, stated: \u201cI am delighted to see Donaco achieve positive EBITDA for the first time in a quarter since early 2021 and importantly there is substantial further growth potential on the horizon. <\/p>\n\n\n\n

“Star Vegas has delivered a strong result so soon after reopening, which is a testament to the operational strategy Donaco has implemented and one which we anticipate will be sustainable. We are confident of being able to replicate this strategy at Aristo in the future, which currently remains open on a limited basis.”<\/p>\n\n\n\n

In September, Donaco International <\/strong>announced that Cambodian authorities had extended DNA Star Vegas <\/strong>licence until December 31, 2026<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company has posted positive EBITDA of AU$1.50m (US$962,313) for the three months to September 30.<\/p>\n","protected":false},"author":176,"featured_media":19768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Donaco International reported positive EBITDA of AU$1.50m for Q3, marking its first profitable quarter since H1 FY2021, driven by the successful reopening of its Star Vegas casino in Cambodia and stringent cost controls at Aristo in Vietnam. The company's Cambodian gaming licence for Star Vegas has also been extended until December 2026, underpinning future operational stability.","focusai_entities":"Donaco International, Star Vegas, Aristo, Porntat Amatavivadhana","focusai_location":"Australia, Cambodia, Banteay Meanchey, Vietnam, China","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Aristo Growth Strategy","query":"What specific operational adjustments or market diversification strategies does Donaco plan to implement at Aristo to mitigate its reliance on the China market and replicate Star Vegas's recovery trajectory?"},{"label":"Capital Allocation Post-EBITDA","query":"How will Donaco's positive EBITDA impact its capital allocation strategy, particularly regarding potential debt reduction, reinvestment in existing properties, or exploration of new market opportunities?"}],"footnotes":""},"categories":[16336,163],"tags":[966],"class_list":["post-34934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-finance-news","tag-donaco"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=34934"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34934\/revisions"}],"predecessor-version":[{"id":34966,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34934\/revisions\/34966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19768"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}