Donaco International Limited
(ASX:DNA) has announced its EBITDA has increased 10.5% for the nine months to March 2017, compared to the prior period thanks to strong performance at both of its properties.
The leisure and entertainment business’ Aristo International Hotel, saw a strong increase in mass market patronage and improved win rates. It saw the hotel’s nine month EBITDA spike 73% from the prior corresponding period
Meantime, its Star Vegas Casino saw a strong March quarter, while its nine month EBITDA rose 1.3% from the prior corresponding period amid strong win rates, non-gaming revenue and tight costs control.
Shares in Donaco International Limited (ASX: DNA) are 1.03% higher at 49 cents.
