Tag Archives: Aristo
Cambodia – Star Vegas and Aristo reopenings see Donaco return to positive EBITDA in December
Since the reopening of the Star Vegas Resort in Cambodia in late September, and the Aristo International Hotel in Vietnam, the December quarter was a turnaround period for Donaco with a return to positive EBITDA of A$3.70m and negative EBITDA of A$0.13m respectively, resulting in positive EBITDA of A$3.57m for the overall group. The result…
Vietnam – Donaco starts road to recovery after months of disruption
With income minimal for the three months to September 30, Donaco International has said it has the long road to its recovery starts from its loss of AU$2.7m (US$1.9m). Gaming revenue at Star Vegas fell 45 per cent due to the closure of the casino on April 1 2020 in adherence with the Cambodian government…
