Donaco International Ltd. (AU:DNA) has released an update.
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Donaco International Ltd. has reported a significant 66% increase in EBITDA during the third quarter of FY2024, with group net revenue jumping to A$12.66 million. The company’s Star Vegas operation showed remarkable growth, thanks to a new loyalty program, while the Aristo International Hotel in Vietnam also experienced revenue growth due to steady tourism. With a solid cash position and positive regional tourism trends, Donaco is poised for continued growth.
For further insights into AU:DNA stock, check out TipRanks’ Stock Analysis page.
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