{"id":777004805,"date":"2023-05-02T12:58:55","date_gmt":"2023-05-02T15:58:55","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777004805"},"modified":"2026-04-22T22:22:37","modified_gmt":"2026-04-23T01:22:37","slug":"donaco-posts-net-revenue-of-us4-98m-for-q1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/donaco-posts-net-revenue-of-us4-98m-for-q1","title":{"rendered":"Donaco posts net revenue of US$4.98m for Q1"},"content":{"rendered":"\n

The company has reported EBITDA of AUD4.07m (US$2.69m) for the first quarter.<\/p>\n\n\n\n\n\n\n\n

Australia.- Donaco International <\/strong>has shared its financial results for the three-month period ending March 31. It\u2019s reported group net revenue was up 42.45 per cent from AU$5.3m (US$3.7m) to AU$7.55m (US$4.98m) in quarter-on-quarter terms. <\/p>\n\n\n\n

Donaco’s earnings before interest, taxes, depreciation, and amortization (EBITDA) increased to AUD4.07m (US$2.69m), compared to a negative figure of AU$1.37m in the prior-year period. According to the company’s statement, the first quarter proved to be “a highly accelerated period for Donaco with DNA Star Vegas<\/a> (Star Vegas) returning to full operational capacity after more than a year of closure due to Covid-19 restrictions.”<\/p>\n\n\n\n

Its Cambodia venue recorded an increase in net revenue from AU$5.12m in the preceding quarter to AU$6.29m. Property EBITDA rose to AU$4.17m, compared to AU$2.69m in the fourth quarter of 2022.<\/p>\n\n\n\n

Meanwhile, Aristo Casino<\/a> in Vietnam began a gradual reopening with encouraging momentum. The company said this was driven by international travel flow recommencing as mainland China, the country where the vast majority of Aristo\u2019s patrons originate from, announced the full reopening of its borders in January. <\/p>\n\n\n\n

Aristo’s net revenue increased to AU$1.26m, a substantial improvement from AU$0.19m in the previous quarter. The property’s EBITDA rose to AU$0.58m, as compared to the negative AU$0.27m reported in the fourth quarter of 2022.<\/p>\n\n\n\n

Donaco\u2019s non-executive chairman, Porntat Amatavivadhana<\/strong>, stated: \u201cThe March quarter marks a significant turnaround for Donaco, with promising performance from DNA Star Vegas and early progress from the gradual reopening of Aristo. <\/p>\n\n\n\n

“After a long period of impact from the pandemic, we are pleased to see positive signs of recovery and a promising outlook for the business. The recommencement of international travel flow, particularly from Chinese tourists, is a trend that is expected to benefit our operations in Cambodia and Vietnam. <\/p>\n\n\n\n

“With a solid strategy, we are confident in our ability to capitalise on these favourable developments and continue delivering sustainable growth for our shareholders over the long term.”<\/p>\n","protected":false},"excerpt":{"rendered":"

The company has reported EBITDA of AUD4.07m (US$2.69m) for the first 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 a significant financial turnaround in Q1, with group net revenue up 42.45% and positive EBITDA of AUD4.07m, driven by the full operational return of DNA Star Vegas in Cambodia and the gradual reopening of Aristo Casino in Vietnam. This recovery is primarily attributed to the easing of COVID-19 restrictions and the recommencement of international travel, particularly from mainland China, positively impacting its land-based gaming verticals.","focusai_entities":"Donaco International, DNA Star Vegas, Aristo Casino, Porntat Amatavivadhana","focusai_location":"Australia, Cambodia, Vietnam, China","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.9), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.88)","focusai_suggestions":[{"label":"Q2 Growth Projections?","query":"What are Donaco International's projected GGR and NGR growth rates for Q2, considering the sustained return of high-value patrons from mainland China?"},{"label":"Capital Allocation Strategy?","query":"How does Donaco International plan to allocate capital from its improved EBITDA to enhance operational efficiency or explore M&A opportunities within its core gaming verticals?"}],"footnotes":""},"categories":[16336,163],"tags":[966],"class_list":["post-777004805","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\/777004805","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=777004805"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004805\/revisions"}],"predecessor-version":[{"id":777004830,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004805\/revisions\/777004830"}],"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=777004805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}