{"id":777001947,"date":"2023-02-01T13:19:47","date_gmt":"2023-02-01T16:19:47","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777001947"},"modified":"2026-04-23T01:01:56","modified_gmt":"2026-04-23T04:01:56","slug":"donaco-posts-net-revenue-of-us3-7m-for-q4","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/donaco-posts-net-revenue-of-us3-7m-for-q4","title":{"rendered":"Donaco posts net revenue of US$3.7m for Q4"},"content":{"rendered":"\n<p>The company has reported EBITDA of AUD1.78m (US$1.25m) for the fourth quarter.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.-&nbsp;Donaco International&nbsp;has shared its financial results for the three-month period ending December 31. It&#8217;s reported group net revenue of AU$5.3m (US$3.7m) and EBITDA of AU$1.78m (US$1.25m) as a direct result of the reopening of&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/cambodia-donaco-casino-to-resume-operations-tomorrow\" target=\"_blank\">The Star Vegas casino<\/a>.&nbsp;<\/p>\n\n\n\n<p>The Star Vegas achieved EBITDA of AU$2.7m (US$1.9m) for the quarter as it reached full operational capacity. It generated net revenue of AU$5.12m (US$3.6m). <\/p>\n\n\n\n<p>Meanwhile,&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/donaco-ceo-confident-about-long-term-outlook-for-aristo-hotel-in-vietnam\" target=\"_blank\">Aristo Casino<\/a>&nbsp;in&nbsp;Vietnam, which started limited operations on May 8, 2020, experienced reduced revenue and EBITDA due to Covid-19 measures. For the fourth quarter of 2022, Aristo recorded net revenue of AU$190,000 (US$134,000). EBITDA was negative AU$270,000 (US$190,000).<\/p>\n\n\n\n<p>Despite the slowdown,&nbsp;<strong>there is a positive outlook for Aristo&#8217;s future operations&nbsp;<\/strong>with mainland China having announced the full reopening of its borders. This news is expected to increase travel flow to the region. Donaco has sustained positive EBITDA quarters since the first half of fiscal year 2021.<\/p>\n\n\n\n<p>Donaco\u2019s non-executive chairman,&nbsp;<strong>Porntat Amatavivadhana<\/strong>, stated: \u201cOur December quarter was encouraging with steady contribution from DNA Star Vegas following the increase in international travel from neighbouring countries. Promisingly, it seems we are coming out from the effects of the Covid-19 pandemic with international travel set to continuously improve.&nbsp;<\/p>\n\n\n\n<p>&#8220;The long-term future for our Aristo operation in Vietnam also looks bright. The construction of Sapa airport in Lao Cai, the region where Aristo is located, in conjunction with the Lao Cai Ministry of Culture, Sports and Tourism recently recognising Aristo as the only 5-star hotel in the region, is a key way for our casino to attract a significant number of new customers.&nbsp;<\/p>\n\n\n\n<p>&#8220;Backed by a robust balance sheet position, our two casinos have a solid operational strategy, and I am incredibly optimistic about the future path for Donaco.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company has reported EBITDA of AUD1.78m (US$1.25m) for the fourth quarter.<\/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 Q4 group net revenue of AU$5.3m and EBITDA of AU$1.78m, primarily driven by The Star Vegas casino's full operational capacity in Cambodia. While Aristo Casino in Vietnam faced reduced revenue due to Covid-19, its outlook is positive with China's border reopening and local infrastructure developments. The company maintains a robust balance sheet and sustained positive EBITDA.","focusai_entities":"Donaco International, The Star Vegas, Aristo Casino, Porntat Amatavivadhana, Lao Cai Ministry of Culture, Sports and Tourism","focusai_location":"Australia, Cambodia, Vietnam, China, Lao Cai, Sapa","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q1 FY23 Outlook","query":"What are Donaco International's specific revenue and EBITDA projections for Q1 FY23, considering the full impact of China's border reopening on Aristo Casino's performance?"},{"label":"Capital Allocation Strategy","query":"Given the robust balance sheet, what are Donaco International's capital allocation priorities for reinvestment in existing assets, potential M&A, or shareholder returns in the next 12-18 months?"}],"footnotes":""},"categories":[16336,163],"tags":[966],"class_list":["post-777001947","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\/777001947","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=777001947"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001947\/revisions"}],"predecessor-version":[{"id":777001993,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001947\/revisions\/777001993"}],"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=777001947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777001947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777001947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}