Donaco International Ltd. (AU:DNA) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Donaco International Ltd. has reported a substantial growth in its operations, with group revenue soaring to A$39.53 million and group EBITDA reaching A$22.20 million, fueled by an increase in tourism and efficient financial management. Both of its key properties, DNA Star Vegas in Cambodia and Aristo International Hotel in Vietnam, have showcased strong performance with considerable increases in their revenues and EBITDA. The company acknowledges the rapidly changing gaming industry in Southeast Asia and is monitoring potential challenges, including new legislation and tax audits.
For further insights into AU:DNA stock, check out TipRanks’ Stock Analysis page.