Core Insights - The company reported a revenue of approximately $841 million for 2025, representing an 8.0% year-on-year increase [2] - The overall average table turnover rate was 3.9 times per day, up from 3.8 times in 2024, while the same-store average turnover rate was 4.0 times per day, compared to 3.9 times in 2024 [2] - The same-store sales amounted to approximately $676 million, reflecting a year-on-year growth of 2.9% [2] - The net profit attributable to shareholders was $36.43 million, marking a significant increase of 67.1% year-on-year [2] Revenue Breakdown - Revenue from Haidilao restaurants was $790 million, with a year-on-year growth of 5.7%, driven by operational optimization measures and strategic network expansion planned for 2025 [1] - The takeaway business generated $19 million, showing a substantial growth of 61.4%, attributed to the popularity of hot pot condiments and the diversification of restaurant brands under the "Pomegranate Plan" [1] Operational Performance - The overall average table turnover rate for Haidilao restaurants improved by 0.1 times per day compared to the same period last year, with restaurant revenue increasing by 6.0% year-on-year and same-store sales rising by 2.3% [1] - The operating profit margin for Haidilao restaurants was 8.7%, a decrease of 1.4 percentage points year-on-year, reflecting investments in employee incentives, product quality, and store experience upgrades [1]

Group 1 - The Hong Kong Stock Exchange has confirmed that Ms. Qu Cong meets the qualifications to serve as the company secretary of Tehai International, in accordance with Listing Rule 3.28 [2] - Mr. Zheng Chengjie has submitted his resignation as co-company secretary and legal representative, effective from March 31, 2026, and has confirmed no disagreements with the board [2] - Ms. Hu Qianru has been appointed as the co-company secretary and legal representative, effective from March 31, 2026 [2]

Core Viewpoint - The company reported a revenue of $841 million for the fiscal year ending December 31, 2025, representing an 8.0% increase compared to the previous year, while operating profit decreased by approximately 29.8% to $37.4 million, influenced by favorable exchange rate changes, resulting in a net profit of $36.3 million, a 69.6% increase year-on-year [1] Group 1: Financial Performance - The company achieved a revenue of $841 million for the fiscal year 2025, marking an 8.0% growth from the previous fiscal year [1] - Operating profit for the year was $37.4 million, reflecting a decline of about 29.8% compared to the previous year [1] - The net profit after tax was $36.3 million, which is a significant increase of 69.6% year-on-year [1] - Basic earnings per share were reported at $0.06 [1] Group 2: Restaurant Operations - The company focused on enhancing the management and operational efficiency of its Haidilao restaurants, achieving an overall average table turnover rate of 3.9 times per day for 2025 [1] - Same-store average turnover rate improved to 4.0 times per day, an increase of 0.1 times compared to 2024, with same-store revenue growing by 2.9% [1] - The operating profit margin for Haidilao restaurants was 8.7%, down 1.4 percentage points from the previous year [1] Group 3: Restaurant Network Expansion - The company adopted a prudent approach to evaluate and improve its restaurant network, opening 13 new Haidilao restaurants during 2025 [2] - A total of 9 Haidilao restaurants were closed by the end of 2025, with 3 of them transitioning to a second brand [2] - As of December 31, 2025, the company operated 126 Haidilao restaurants across 14 countries, with 71 located in Southeast Asia, 21 in East Asia, 22 in North America, and 12 in other regions [2]

Group 1 - The Hong Kong Stock Exchange has confirmed that Ms. Qu Cong meets the qualifications to serve as the company secretary of Tehai International (09658) as per Listing Rule 3.28 [1] - Mr. Zheng Chengjie has submitted his resignation as co-company secretary and legal process agent, effective from March 31, 2026, and has confirmed that there are no disagreements with the board [1] - Ms. Hu Qianru has been appointed as the co-company secretary and legal process agent, effective from March 31, 2026 [1]

Core Viewpoint - The company reported a revenue of approximately $841 million for 2025, reflecting an 8.0% year-on-year growth, driven by operational optimizations and strategic expansion efforts [1][2] Group 1: Financial Performance - The overall average table turnover rate was 3.9 times per day, with a same-store average turnover rate of 4.0 times per day for 2025 [1] - Same-store sales amounted to approximately $676 million, showing a year-on-year increase of 2.9% [1] - The profit attributable to the company's owners was $36.43 million, representing a significant year-on-year growth of 67.1% [1] Group 2: Business Segments - Revenue from Haidilao restaurants reached $790 million, marking a 5.7% year-on-year increase, attributed to improved table turnover rates and increased customer traffic [1] - The takeaway business generated $19 million, with a remarkable year-on-year growth of 61.4%, driven by the popularity of hot pot condiments and the diversification of restaurant brands under the "Pomegranate Plan" [1] Group 3: Management Insights - The CEO highlighted that in Q4 2025, the overall average table turnover rate and same-store average turnover rate improved by 0.1 times per day compared to the previous year [2] - The operating profit margin for Haidilao restaurants was 8.7%, a decrease of 1.4 percentage points year-on-year, reflecting investments in employee incentives and product quality [2] - The company continued to expand and optimize its restaurant network while enhancing diverse revenue sources, contributing to the overall revenue growth [2]

Core Viewpoint - The announcement indicates the appointment of Hu Qianru as the co-secretary and legal process document agent for Tehai International, effective from March 31, 2026 [1] Company Summary - Tehai International (09658.HK) has made a formal announcement regarding a key personnel change within the company [1]

特海国际控股有限公司 （於開曼群島註冊成立的有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 SUPER HI INTERNATIONAL HOLDING LTD. （香港交易所股份代號：9658；納斯達克股票代碼：HDL） 有關公司秘書資格的更新 及 聯席公司秘書及法律程序文件代理人之變更 有關公司秘書資格的更新 茲提述(i)香港聯合交易所有限公司（「聯交所」）就瞿驄女士（「瞿女士」）於2022年 12月30日至2025年12月29日期間（「豁免期」）擔任特海国际控股有限公司（「本公 司」）聯席公司秘書（「聯席公司秘書」）的資格授予本公司毋須嚴格遵守上市規則 （「上市規則」）第3.28條及8.17條之規定的豁免（「豁免」），條件為於豁免期內，瞿 女士將獲得具備上市規則第3.28條項下規定資格的蘇淑儀女士（「蘇女士」）之協 助；及(ii)日期為2023年5月30日之公告，內容有關（其中包括）聯席公司秘書及根 據香港法例第622章公司條例第1 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 （香港交易所股份代號：9658；納斯達克股票代碼：HDL） 建議修訂組織章程細則 本公告由特海國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）根據香 港聯合交易所有限公司證券上市規則（「上市規則」）第13.51(1)條的規定作出。 SUPER HI INTERNATIONAL HOLDING LTD. 特海國際控股有限公司 （於開曼群島註冊成立的有限公司） 建議修訂現有組織章程細則及建議採納新組織章程細則須經本公司股東（「股東」） 於應屆本公司股東週年大會（「股東週年大會」）或其任何續會上以特別決議案形式 批准。一份載有（其中包括）上述相關事項的進一步詳情的本公司通函連同股東週 年大會通告將適時寄發予股東。 承董事會命 特海國際控股有限公司 主席 舒萍女士 新加坡，2026年3月31日 於本公告日期，董事會包括主席兼非執行董事舒萍女士；執行董事楊利娟女士、 李瑜先生及劉麗女士；以及獨立非執 ...

Financial Performance - The company reported a revenue of $840.8 million for the year ended December 31, 2025, representing an 8.0% increase from $778.3 million in 2024[3] - The operating profit for 2025 was $49.5 million, up from $33.2 million in 2024, while net profit increased by 69.6% to $36.3 million from $21.4 million[5] - Total revenue for 2025 was $840.8 million, an 8.0% increase from $778.3 million in 2024, primarily driven by a $42.7 million increase in revenue from restaurant operations[13] - Revenue from restaurant operations reached $790.0 million in 2025, a 5.7% increase from $747.3 million in 2024[14] - The group recorded an operating profit of $37.4 million, down 29.8% from $53.3 million in the same period last year[10] - The company recorded a net profit of $36.3 million in 2025, a 69.6% increase from $21.4 million in 2024, primarily driven by a foreign exchange gain of $33.8 million[35] Customer Traffic and Restaurant Expansion - The total number of restaurants increased to 126 in 2025, with a total customer traffic of 32 million, up from 29.9 million in 2024[4] - The company opened 13 new restaurants during the year while closing 9, with 3 of those being transformed into second-brand restaurants[6] - The total number of restaurants expanded to 126 across 14 countries by December 31, 2025[15] - The total customer traffic increased to 32.0 million in 2025, up from 29.9 million in 2024[17] Revenue Streams - Other sales revenue reached $31.8 million, a 61.4% increase from $19.7 million in 2024, driven by the performance of second-brand restaurants[6] - Revenue from the takeaway business in 2025 was $19.0 million, a 68.1% increase from $11.3 million in 2024[21] - The takeaway business generated $18,954 thousand in revenue, a significant increase of 68.5% compared to $11,293 thousand in 2024[78] Operational Efficiency - The overall average table turnover rate was 3.9 times per day, an increase of 0.1 times compared to 2024, with same-store revenue growth of 2.9%[9] - The average daily revenue per restaurant was $18.1 thousand, compared to $17.7 thousand in 2024[4] - The average table turnover rate improved to 3.9 times per day in 2025, compared to 3.8 times in 2024[17] - In 2025, the average table turnover rate for the overall business was 4.0 times per day, an increase from 3.9 times in 2024[20] Cost and Expenses - The cost of raw materials and consumables was $282.8 million in 2025, a 9.7% increase from $257.7 million in 2024, with the cost as a percentage of revenue rising from 33.1% to 33.6%[24] - Employee costs increased to $285.4 million in 2025, a 10.1% rise from $259.3 million in 2024, with the cost as a percentage of revenue increasing from 33.3% to 33.9%[25] - Rental and related expenses were $24.2 million in 2025, a 20.4% increase from $20.1 million in 2024[26] - Other expenses totaled $87.1 million in 2025, a 23.2% increase from $70.7 million in 2024[30] - Financial costs rose to $11.4 million in 2025, a 34.1% increase from $8.5 million in 2024[33] Assets and Liabilities - As of December 31, 2025, inventory increased by 19.0% to $37.5 million from $31.5 million in 2024, reflecting stockpiling for new restaurant openings and higher inventory levels due to increased customer traffic[36] - Trade and other receivables increased by 15.9% to $35.7 million as of December 31, 2025, from $30.8 million in 2024, attributed to a $3.1 million increase in trade receivables due to higher operating income[38] - Trade payables rose by 18.2% to $36.3 million as of December 31, 2025, compared to $30.7 million in 2024, reflecting procurement for restaurant operations[39] - Cash and cash equivalents totaled $272.0 million as of December 31, 2025, a 6.8% increase from $254.7 million in 2024, with $127.4 million in fixed-term deposits[43] Shareholder Information - The company has not declared any dividends for the year ending December 31, 2025, to retain earnings for ongoing expansion and investment in digital capabilities[114] - The company issued 30,966,000 shares in 2024, increasing total issued shares to 650,299,000 by year-end 2025[99] - The group plans to allocate 70% of the net proceeds from the recent share issuance, amounting to $36.34 million, to strengthen its brand and expand its global store network[110] Compliance and Governance - The company has adopted the Corporate Governance Code and has complied with all applicable principles and provisions during the reporting period[106] - The audit committee, consisting of three independent non-executive directors, reviewed the financial performance for the year ending December 31, 2025, and found it compliant with relevant accounting standards[111]

Revenue Performance - Revenue for Q4 2025 was $230.0 million, an increase of 10.2% compared to $208.8 million in Q4 2024[10] - For the full year 2025, total revenue was $840.8 million, an increase of 8.0% from $778.3 million in 2024[8] - Total annual revenue for 2025 was $840.755 million, up 8.0% from $778.308 million in 2024[31] - Revenue from dine-in operations was $790.0 million, a 5.7% increase from $747.3 million in 2024, attributed to improved table turnover and customer traffic[15] - Takeout business revenue surged to $19.0 million, up 68.1% from $11.3 million in 2024, due to product optimization and strategic marketing partnerships[15] Customer Traffic and Sales - Total customer traffic exceeded 8.3 million, a year-on-year increase of 3.8% from 8.0 million in the same period of 2024[8] - Same-store sales revenue was $195.4 million, up 2.3% from $191.1 million in Q4 2024[8] - Total customer traffic reached 32 million in 2025, up from 29.9 million in 2024, representing an increase of approximately 7.0%[24] - Same-store sales for the year totaled $675.581 million, an increase from $656.654 million in 2024, reflecting a growth of approximately 2.9%[27] - The same-store average daily sales increased to $19.5 thousand in 2025 from $18.7 thousand in 2024, indicating improved performance[27] Profitability and Costs - Operating profit for Q4 2025 was $13.0 million, down from $17.5 million in Q4 2024[8] - Operating profit for the full year 2025 was $37.4 million, down from $53.3 million in 2024[8] - Operating profit for the year was $37.4 million, down from $53.3 million in 2024, with an operating margin of 4.4% compared to 6.8% in the previous year[17] - Restaurant-level operating profit margin decreased to 8.7% in 2025 from 10.1% in 2024, reflecting increased costs and operational challenges[20] - Cost of raw materials and consumables rose to $282.8 million, a 9.7% increase from $257.7 million in 2024, with the cost as a percentage of revenue increasing from 33.1% to 33.6%[16] Net Income and Earnings - Net profit for the year was $36.3 million, a 69.6% increase from $21.4 million in 2024, primarily due to a foreign exchange gain of $33.8 million[17] - Basic and diluted earnings per share for 2025 were $0.06, compared to a loss of $0.02 per share in 2024[14] - Net income for Q4 2025 was $4.474 million, a significant recovery from a net loss of $11.608 million in Q4 2024[31] - The company reported a basic and diluted earnings per share of $0.01 for Q4 2025, recovering from a loss of $0.02 in Q4 2024[31] Operational Metrics - The overall average table turnover rate was 4.0 times per day, compared to 3.9 times per day in Q4 2024[8] - Employee costs increased to $74.1 million, up 10.3% from $67.2 million in the same period of 2024, primarily due to restaurant network expansion and increased labor hours[13] - Average daily revenue per restaurant was $18.8 thousand in 2025, slightly up from $18.7 thousand in 2024[25] - Customer average spending was $25.4 in 2025, up from $25.0 in 2024, showing a positive trend in customer expenditure[24] Expansion and Network - The company opened 3 new Haidilao restaurants and closed 3, resulting in a net increase of 4 restaurants year-on-year[8] - The number of restaurants increased to 126 in 2025 from 122 in 2024, with notable growth in North America from 20 to 22 locations[24] - The company plans to continue expanding its restaurant network and enhancing customer experience to achieve steady growth in the global market[9] - The company operates in 14 countries across four continents, maintaining a strong international presence with its brand[28] Financial Position - Total assets increased to $745.883 million in 2025, up from $684.425 million in 2024[32][33] - Cash and cash equivalents at year-end 2025 were $271.990 million, compared to $254.719 million at the end of 2024[34] - Non-current liabilities rose to $207.407 million in 2025, up from $194.196 million in 2024[33] - Operating cash flow for the year 2025 was $114.648 million, slightly down from $119.696 million in 2024[34]