Donaco International Posts Strong Growth Amidst Challenges

Donaco International Ltd. (AU:DNA) has released an update.

Donaco International Ltd. has reported a significant increase in financial performance for FY24, with a 62% rise in revenue and more than double the EBITDA from the previous year. The company’s two main assets, Star Vegas and Aristo, have shown notable revenue growth due to effective management and increased tourism. Despite these positive results, Donaco remains cautious about potential market changes, including regulatory shifts in Thailand and ongoing tax audits.

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