Donaco International Ltd. (AU:DNA) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into AU:DNA stock, check out TipRanks’ Stock Analysis page.