{"id":777010717,"date":"2023-10-31T07:55:46","date_gmt":"2023-10-31T10:55:46","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777010717"},"modified":"2026-04-22T16:38:34","modified_gmt":"2026-04-22T19:38:34","slug":"donaco-posts-net-revenue-of-us6-2m-for-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/donaco-posts-net-revenue-of-us6-2m-for-q3","title":{"rendered":"Donaco posts net revenue of US$6.2m for Q3"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The company has reported EBITDA of AU$5.7m (US$3.6m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Australia.-\u00a0<strong>Donaco International\u00a0<\/strong>has shared its financial results for the three months to September 30. It\u2019s reported that net revenue grew 40.7 per cent from AU$6.9m to AU$9.7m (US$6.2m) in<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/donaco-posts-net-revenue-of-us4-628m-for-q2\" target=\"_blank\">\u00a0quarter-on-quarter terms<\/a>. Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew from AU$2.4m to AU$5.7m (US$3.6m). <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Donaco said its strategy to <strong>return operations to full capacity<\/strong> following the lifting of Covid-19 restrictions is almost completed with visitation numbers rebounding. <strong>DNA Star Vegas<\/strong> in Cambodia recorded<strong> net revenue of AU$7.24m (US$4.6m)<\/strong> for the quarter and property level EBITDA of AU$5.11m (US$3.2m), almost a threefold increase from the second quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Aristo International Hotel<\/strong> in Vietnam recorded<strong> revenue of AU$2.48m (US$1.5m)<\/strong> and property level EBITDA of AU$1.22m (US$778,316). The company said Aristo is on track to reach full operational capacity in the current quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company noted that, during the period, it appointed\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/donaco-appoints-joan-dabon-as-new-secretary\" target=\"_blank\">Ms Joan Dabon<\/a>\u00a0as company secretary. Dabon is a chartered secretary with over seven years\u2019 experience in providing company secretarial and corporate advisory services to ASX listed companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Donaco\u2019s non-executive chairman,&nbsp;<strong>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.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;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.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;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.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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}]}}