Investor Presentation Half Year Accounts
Sydney, Feb 27, 2015 AEST (ABN Newswire) - Donaco International (
ASX:DNA) Investor Presentation Half Year Accounts.
Summary and Outlook
- Aristo trading rebounded strongly in the December 2014 quarter
- Normalised results for the Aristo for the December 2014 half show 55% increase in revenue, and 52% increase in EBITDA
- Strong growth in casino visitation in December 2014 and January 2015, mostly in main hall and premium players, with VIP player growth slower
- Major areas of revenue growth are in slot machines and non-gaming revenue - Full marketing efforts under way for both Yunnan Province and elsewhere, with significant visitor numbers now coming from other areas of China, and other countries
- Transformational acquisition of Star Vegas Resort & Club will lead to dramatic increase in the size and scale of Donaco, and provide strong accretion in earnings per share, as well as significant diversification benefits
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/79437-ASX-DNA-845174.pdf
About Donaco International Ltd
Donaco International Limited (ASX:DNA) operates leisure, entertainment and associated technology businesses across the Asia Pacific region.
Donaco's largest business is the Star Vegas Resort & Club, a successful casino and hotel complex in Poipet, Cambodia, on the border with Thailand. Star Vegas was established in 1999, and is the largest and highest quality of the Poipet casino hotels. The property has more than 100 gaming tables, more than 1400 slot machines, and 385 hotel rooms.
Donaco's flagship business is the Aristo International Hotel, a successful boutique casino in northern Vietnam, located on the border with Yunnan Province, China. Established in 2002, the property has recently been expanded to a brand new five star resort complex with 400 hotel rooms. Donaco is a pioneer casino operator in Vietnam, and owns a 95% interest in the business, in a joint venture with the Government of Vietnam.
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