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Donaco International Ltd s (ASX:DNA) (FRA:UGS) recent performance has shown our deeper commitment towards business sustainability during this COVID-19 pandemic. ....
Donaco International Ltd (ASX:DNA) Quarterly Activities Report
FRA:UGS) provides the following trading update for the three-month period ending 31 March 2021. The March quarter was impacted by the most recent COVID-19 outbreaks. As previously reported, an outbreak around the broader regional area in which Star Vegas operates emerged in January 2021 and this was followed by a much heavier outbreak in Thailand with a second and third wave of infections. As a result of the pandemic, from 27 April 2021, Cambodian local authorities have declared the temporary closure of all casinos in the Banteay Meanchey province to prevent the curb in COVID19 community outbreak following a surge in cases. This has resulted in the immediate temporary closure of Star Vegas until further notice. Additional protocols have been in place at Star Vegas and Aristo during the quarter to minimise the risk of the virus, and keeping the safety of staff and visitors has remained a number one ....
Donaco International Ltd (ASX:DNA) Temporary Closure of Star Vegas
FRA:UGS) advises that Cambodian local authorities have declared the temporary closure of all casinos in the Banteay Meanchey province to prevent the curb in COVID-19 community outbreak following a surge in cases. All casino operations in the province have been temporarily suspended from 27 April 2021. As such, Donaco s Star Vegas has temporarily closed its operations until further notice from the local Government. The continued safety of Donaco s staff and visitors remains paramount and the Company will monitor developments and advise the market once there is a further update. About Donaco International Ltd ....
Donaco International Ltd (ASX:DNA) 1H FY21 Results Investor Briefing
FRA:UGS) hosted an investor briefing to discuss the Company s Half Year Results on Friday 26 February 2021. Below is the accompanying summary provided by the Donaco management team during the briefing followed by investor questions answered during the webinar. Presentation - Gordon Lo, Chief Financial Officer The Half Year was a period of changes and challenges for Donaco, as we had to navigate external challenges with COVID-19 and internally navigate through shareholding and management changes. The period saw Donaco deliver on its strategy with tight control over our operating costs, which resulted in opening DNA Star Vegas and Aristo International Hotel during the last three months of the Financial Year from September to December. We shifted our strategy to adapt through the pandemic, which led to a return to a positive EBITDA of A$2.7 million for the final three months of the yea ....