Donaco International Ltd, a Southeast Asian 바카라 operator, has reported a 12 percent increase in group-wide revenue and a 17 percent rise in earnings before interest, taxes, depreciation and amortisation (EBITDA) for the first half of the 2025 financial year (1H25).
In its (ASX), Donaco reported total revenue of AU$21.8 million (US$13.6 million) for the six months ending 31 December 2024. The company’s net profit after tax rose to AU$7.8 million (US$4.8 million), up from AU$5.7 million (US$3.5 million) in the previous year.
Star Vegas Casino sees higher footfall and revenue growth
Donaco’s Star Vegas 바카라 in Poipet, Cambodia, reported a 5 percent year-on-year revenue increase to AU$14.1 million (US$8.8 million). EBITDA at Star Vegas also grew by 6 percent to AU$8.1 million (US$5.0 million).
The 바카라 saw a notable increase in average daily visitation, reaching 949 players in 1H25. Donaco credited this rise to its membership loyalty program, launched in January 2024, which has driven repeat visits and increased customer engagement.
Aristo Casino in Vietnam reports 40% EBITDA surge
Donaco’s Aristo 바카라 in northern Vietnam demonstrated even stronger growth, with revenue climbing 27 percent year-on-year to AU$7.8 million (US$4.8 million). EBITDA surged by 40 percent to AU$4.9 million (US$3.0 million).
Turnaround strategy and future outlook
Donaco’s Non-Executive Chairman, Porntat Amatavivadhana said, “At a group level Donaco performed strongly in the first half of 2025, building on the turnaround strategy implemented over a year ago, and driven by our rigorous financial management and increased tourism activities across our operations. Over the past six months, the Company has grown its revenue and EBITDA, with both operations generating positive cash flow. Aristo performed particularly well, and we’re confident that the operations will benefit from the upcoming opening of the new Sapa airport.
Nonetheless, Donaco faces some headwinds, including the Thai Government’s recently proposed draft bill to legalise gambling, which may impact our Star Vegas operation. Additionally, we await updates on Aristo’s appeal following legal proceedings with Vietnam’s General Department of Taxation (GDT). Despite these challenges, we are confident in our ability to navigate any impacts arising from these events. Our balance sheet remains strong, and we aim to deliver solid results moving forward.”
