Porntat Amatavivadhana<\/strong>, said: \u201cDonaco has continued its strong momentum and turnaround following from Covid-19, and this is reflected in our September Quarter. Group net revenue was up more than 40 per cent compared to the June Quarter, and Group EBITDA more than doubled in the same period. <\/p>\n\n\n\n“The results highlight the effectiveness of our turnaround strategy and operational execution as the business delivers improved performance. I am pleased to report that the outlook for our businesses remains positive. The increase in travel from China to Vietnam provides a promising outlook as we\u2019ve entered the 2024 financial year. <\/p>\n\n\n\n
“Moreover, the recently launched tourism campaign by the Cambodian Government aimed at attracting Thai visitors is a highly encouraging development for our Star Vegas casino, which is poised to benefit significantly from increased tourism in the region.”<\/p>\n","protected":false},"excerpt":{"rendered":"
The company has reported EBITDA of AU$5.7m (US$3.6m).<\/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 robust Q3 financial results, with net revenue increasing 40.7% quarter-on-quarter to AU$9.7m and EBITDA more than doubling to AU$5.7m. This performance reflects the near completion of its post-Covid-19 operational recovery strategy, driven by strong contributions from DNA Star Vegas in Cambodia and a positive outlook for Aristo International Hotel in Vietnam, bolstered by regional tourism initiatives.","focusai_entities":"Donaco International, DNA Star Vegas, Aristo International Hotel, Joan Dabon, Porntat Amatavivadhana","focusai_location":"Australia, Cambodia, Vietnam, China, Thailand","focusai_target_profile":"ceo_executive (1.0), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q4 Growth Drivers?","query":"What specific operational initiatives or market shifts are projected to drive continued NGR and EBITDA growth for Donaco International in Q4, particularly concerning the Aristo International Hotel's full operational capacity?"},{"label":"Regional Tourism Impact?","query":"How will the Cambodian and Vietnamese tourism campaigns specifically translate into increased visitation and GGR for DNA Star Vegas and Aristo International Hotel, and what is the projected uplift in player demographics?"}],"footnotes":""},"categories":[16336,163],"tags":[966],"class_list":["post-777010717","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\/777010717","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=777010717"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010717\/revisions"}],"predecessor-version":[{"id":777041048,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010717\/revisions\/777041048"}],"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=777010717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}