Donaco International Ltd. (AU:DNA) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.