Strong cash position of A$25.12 million as of 31 December 2023.
Casino Life News | Donaco’s Non-Executive Chairman, Mr Porntat Amatavivadhana, commented:
“Donaco’s success in the first half of the year is a testament to our effective turnaround strategy, bolstered by operational execution and an influx in tourism and visitations across our venues. Our commitment to improved performance and operational management resulted in increased growth, contributing to a robust balance sheet across our business.
The positive impact of the recently launched Cambodian Government campaign to attract Thai visitors has significantly benefited Star Vegas. While Aristo commenced a campaign to attract VIP visitors, which also led to increased revenue.
Following an outstanding 1H FY24, Donaco remains well-placed for sustained growth in the second half of this financial year. Our commitment to executing our strategy, coupled with leveraging international tourism, positions Donaco to deliver solid results.”
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