Donaco International Reports Robust Q3 Growth
Company Announcements

Donaco International Reports Robust Q3 Growth

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

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.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App