{"id":777023518,"date":"2025-02-28T09:52:20","date_gmt":"2025-02-28T12:52:20","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777023518"},"modified":"2026-04-22T01:18:55","modified_gmt":"2026-04-22T04:18:55","slug":"donaco-net-revenue-sets-new-record-in-first-half","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/donaco-net-revenue-sets-new-record-in-first-half","title":{"rendered":"Donaco net revenue sets new record in first half"},"content":{"rendered":"\n

Revenue was up 12.2 per cent in year-on-year terms.<\/p>\n\n\n\n\n\n\n\n

Australia.-\u00a0Donaco International\u00a0<\/strong>has shared its financial results for the first six months of the financial year. The company reported\u00a0net revenue of AU$21.83m (US$13.6m), up 12 per cent in year-on-year terms<\/a>, while earnings before interest, taxation, depreciation and amortisation (EBITDA) reached AU$11.39m (US$7.10m), up 17.0 per cent. According to the company, the rise highlights steady growth following stringent financial management and increased traffic from tourism.<\/p>\n\n\n\n

Donaco recorded\u00a0a net profit after tax of AU$7.77m (US$4.84m)<\/strong>, up 36.32 per cent year-on-year. DNA Star Vegas<\/strong>\u00a0in Cambodia posted net revenue of AU$14.08m (US$8.77m), up 5.39 per cent year-on-year and EBITDA of AU$8.10m (US$5.05m), up 5.7 per cent. The casino venue reported an average daily visitation of 949 players.<\/p>\n\n\n\n

Aristo International Hotel<\/strong> in Vietnam recorded net revenue of AU$7.76m (US$4.83m), up 27.3 per cent year-on-year, and EBITDA of AU$4.85m (US$3.02m), up 39.9 per cent year-on-year.<\/p>\n\n\n

\n
\"Photo<\/figure>\n<\/div>\n\n\n

Donaco\u2019s non-executive chairman, Porntat Amatavivadhana<\/strong>, said: \u201cAt a group level Donaco performed strongly in the first half of 2025, building on the turnaround strategy implemented over a year ago, and driven by our rigorous financial management and increased tourism activities across our operations. Over the past six months, the Company has grown its revenue and EBITDA, with both operations generating positive cash flow. Aristo performed particularly well, and we\u2019re confident that the operations will benefit from the upcoming opening of the new Sapa airport.<\/p>\n\n\n\n

“Nonetheless, Donaco faces some headwinds, including the Thai government’s recently proposed draft bill to legalise gambling<\/a>, which may impact our Star Vegas operation. Additionally, we await updates on Aristo’s appeal following legal proceedings with Vietnam’s General Department of Taxation (GDT).<\/p>\n\n\n\n

“Despite these challenges, we are confident in our ability to navigate any impacts arising from these events. Our balance sheet remains strong, and we aim to deliver solid results moving forward.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Revenue was up 12.2 per cent in year-on-year terms.<\/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 H1 FY2025 financial results, with net revenue up 12% and net profit after tax increasing by 36.32% year-on-year, driven by a successful turnaround strategy and increased tourism. While both its Cambodian and Vietnamese casino operations demonstrated growth, the company acknowledges potential headwinds from Thailand's proposed gambling legalisation and an ongoing tax dispute in Vietnam.","focusai_entities":"Donaco International, DNA Star Vegas, Aristo International Hotel, Porntat Amatavivadhana, General Department of Taxation","focusai_location":"Australia, Cambodia, Vietnam, Thailand, Sapa","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Thai Legalisation Impact","query":"What is Donaco International's projected financial impact on DNA Star Vegas's GGR and NGR if the proposed Thai gambling legalisation bill passes, considering potential market cannibalisation and B2C licensing implications?"},{"label":"Vietnam Tax Dispute","query":"What are the specific legal arguments and potential financial liabilities associated with Aristo International Hotel's appeal against Vietnam's General Department of Taxation, and how might this affect future governance frameworks and tax compliance?"}],"footnotes":""},"categories":[16336,163],"tags":[966],"class_list":["post-777023518","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\/777023518","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=777023518"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023518\/revisions"}],"predecessor-version":[{"id":777023539,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023518\/revisions\/777023539"}],"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=777023518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777023518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777023518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}