Donaco International Ltd (ASX:DNA)
A$ 0.028 0 (0%) Market Cap: 34.57 Mil Enterprise Value: 29.28 Mil PE Ratio: 0.94 PB Ratio: 0.23 GF Score: 0/100
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Half Year 2020 Donaco International Ltd Earnings Call Transcript

Feb 28, 2020 / NTS GMT
Release Date Price: A$0.074 (-1.33%)
Operator

Thank you for standing by, and welcome to the Donaco International Limited Conference call. (Operator Instructions)

I would now like to hand the conference over to Mr. Paul Arbuckle, CEO. Please go ahead.

Paul Arbuckle
Donaco International Limited - CEO

Thank you, Rachel. Good morning, everybody. This is Paul Arbuckle, and I'm the Group CEO of Donaco International. I'd like to welcome you to the Donaco 2020 Half Year Results Presentation. There will be time for questions at the end of the presentation. So if you could hold your question till then, we would appreciate it.

I'm joined this morning by Donaco's CFO, Mr. Gordon Lo. He will also be available to answer questions at the end of the session. Thank you.

I'd like now to go to Slide 2 of the presentation. The statutory results due to a loss of $1.5 million, which is primarily due to a noncash impairment charge of $4 million, which has been taken against the value of the Star Vegas casino license. It is important to note that on the underlying basis, the business has still delivered

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