Donaco 1H Cambodia revenue up, post-tax loss US$25mln

Financial first-half revenue for Cambodia-border casino operations at Donaco International Ltd leapt year-on-year, coinciding with resumed business at DNA Star Vegas in Poipet relative to the same period of 2021.

Nonetheless, the firm – which also has a business in Vietnam – reported a post-income tax loss of AUD36.7 million (US$24.7 million) for the six months to December 31, versus a nearly AUD8.9 million after-tax loss a year earlier, it stated in a Tuesday filing to the Australian Securities Exchange.

Cambodia casino revenue was nearly AUD9.3 million (US$6.2 million) for the six months to December 31, compared to only AUD73,341 in the prior-year period, coinciding with gaming being paused on the order of the authorities, as a Covid-19 countermeasure.

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