Summary of the Conference Call Company Overview - The conference call discusses the performance of Tehai International for Q3 2024, highlighting key metrics and operational strategies. Key Points Financial Performance - Total revenue for Q3 2024 reached $199 million, a year-over-year increase of 14.6% [5] - Restaurant operating income was $191 million, accounting for 96% of total revenue, also up 14.5% year-over-year [5] - Average customer spending increased to $25.8, up $2.1 from the previous year [7] - The company reported a net profit of $37.66 million for Q3, with a significant foreign exchange gain of $25.9 million [7] - Operating cash flow improved to $40 million, an increase of $20 million year-over-year [7] Operational Metrics - Average table turnover rate was 3.8 times, an increase of 0.1 times year-over-year [7] - Customer traffic reached 7.4 million, a 4.2% increase from the previous year [7] - The company optimized over 300 new products across various categories, enhancing customer engagement [3] Strategic Initiatives - The company is focusing on enhancing store management through better KPI understanding and management tools for store managers [1] - New marketing strategies were implemented, including collaborations with popular games to attract younger customers [3] - The company is exploring new restaurant formats and concepts, including hot pot, barbecue, and fast food, supported by market research and product development [4][23] Store Expansion Plans - The company plans to open a double-digit number of new stores in 2024, with ongoing projects in North America, Southeast Asia, East Asia, the Middle East, and Europe [11][12] - The management is cautious about setting specific store opening targets to avoid misalignment in strategy [12] Cost Management - Labor costs increased due to higher minimum wage requirements, but rent and utility costs decreased as a percentage of revenue [6] - The company is working on optimizing supply chain processes to reduce costs and improve efficiency [25] Market Dynamics - The competitive landscape remains intense, with ongoing price adjustments and promotional strategies to maintain customer interest [14][26] - The company is committed to maintaining reasonable pricing while adapting to market conditions and customer preferences [14] Future Outlook - The management anticipates stable profit margins in the mid-single digits for the upcoming quarters, with a long-term target of 10% to 15% profit margin per restaurant [16][28] - The company is focused on improving operational efficiency and customer satisfaction through enhanced management practices and localized strategies [18][35] Additional Insights - The company is actively working on localizing its offerings in various markets, achieving up to 90% localization in some Asian countries [35] - There is a strong emphasis on data-driven decision-making to enhance marketing effectiveness and operational performance [18] This summary encapsulates the key insights and strategic directions discussed during the conference call, providing a comprehensive overview of Tehai International's current performance and future plans.

Financial Performance - Revenue for Q3 2024 was US$198.6 million, reflecting a 14.6% increase from US$173.3 million in Q3 2023[6] - Income from operations was US$14.9 million, a 52.0% increase from US$9.8 million in the same period last year, with an operating margin of 7.5% compared to 5.7% in Q3 2023[10] - Profit for the period was US$37.7 million, compared to a loss of US$1.4 million in Q3 2023, driven by increased revenue and operational efficiency[11] - Revenue from Haidilao restaurant operations was US$190.9 million, a 14.5% increase from US$166.7 million in Q3 2023[11] - Profit before tax surged to USD 41,220,000 compared to USD 358,000 in the same period last year, marking a significant improvement[22] - Total comprehensive income for the period was USD 24,070,000, compared to USD 1,617,000 in Q3 2023, reflecting a strong turnaround[22] - Basic and diluted earnings per share improved to USD 0.06 from a loss of USD 0.00 in the previous year[22] Operational Metrics - Total guest visits reached over 7.4 million, up 4.2% from 7.1 million in Q3 2023[6] - Same-store sales growth was 5.6%[6] - The total number of Haidilao restaurants as of September 30, 2024, was 121, with a net increase of 6 since December 31, 2023[6] - Average spending per guest increased to US$25.8, up from US$23.7 in the same period of 2023[14] Cost and Expenses - Raw materials and consumables used were US$65.5 million, a 9.9% increase from US$59.6 million in Q3 2023, but as a percentage of revenue, it decreased to 33.0%[8] - Staff costs were US$65.8 million, a 15.2% increase from US$57.1 million in Q3 2023, accounting for 33.1% of revenue[9] Cash Flow and Liquidity - Net cash from operating activities rose to USD 40,699,000, a 104.0% increase from USD 19,911,000 in Q3 2023[25] - Current assets increased to USD 310,559,000, up from USD 218,962,000 at the end of 2023, indicating improved liquidity[23] - Net current assets rose significantly to USD 183,513,000 from USD 90,391,000, showcasing enhanced financial health[23] - Cash and cash equivalents at the end of the period reached USD 215,162,000, a substantial increase from USD 75,271,000 in Q3 2023[25] Equity and Liabilities - The company reported a total equity of USD 360,907,000, up from USD 272,121,000 at the end of 2023, reflecting strong growth in shareholder value[24] - Non-current liabilities increased to USD 178,481,000, up from USD 176,191,000, primarily due to higher deferred tax liabilities[24]

Revenue Performance - The Group's revenue for the six months ended June 30, 2024, was US$370.9 million, a 14.5% increase from US$323.9 million in the same period of 2023[17]. - Revenue from Haidilao restaurant operations reached US$356.5 million, up 14.0% from US$312.7 million year-over-year, driven by increased guest visits and table turnover rates[19]. - Revenue from the delivery business was US$5.2 million, a 20.9% increase from US$4.3 million in the prior year[29]. - Revenue from other sources, including hot pot condiments, rose to US$9.2 million, marking a 33.3% increase from US$6.9 million[30]. - Total revenue for the six months ended June 30, 2024, was USD 370,930,000, an increase of 14.5% from USD 323,931,000 in the same period of 2023[91]. - Revenue from external customers for the six months ended June 30, 2024, was USD 370,930,000, up from USD 323,931,000 for the same period in 2023, representing an increase of approximately 14.5%[140]. - The Group's revenue from Singapore increased to USD 80,773,000 in 2024 from USD 77,605,000 in 2023, marking a growth of about 2.8%[140]. Guest Metrics - Total guest visits increased to 14.5 million, up from 12.3 million in the same period last year, reflecting a recovery in the catering industry[23]. - The average spending per guest decreased to US$24.6, down US$0.9 from US$25.5 in the previous year, primarily due to exchange rate fluctuations[19]. - The restaurant network expanded to 122 locations across 13 countries, with Southeast Asia contributing 60.7% of total revenue[20]. Financial Performance - The Group recorded a net loss of US$4.6 million for the six months ended June 30, 2024, compared to a net profit of US$3.4 million for the corresponding period in 2023[52]. - Other expenses increased by 19.1% to US$33.1 million for the six months ended June 30, 2024, from US$27.8 million in the same period of 2023, representing 8.9% of revenue[46]. - The Group's finance costs decreased slightly to US$3.9 million for the six months ended June 30, 2024, from US$4.3 million in the same period of 2023[49]. - The Group's income tax expense for the six months ended June 30, 2024, was USD 5,277,000, an increase from USD 3,926,000 in the same period of 2023[98]. - The loss attributable to the owners of the Company for the six months ended June 30, 2024, was USD 4,583,000, compared to a profit of USD 3,541,000 in the same period of 2023[102]. Cost and Expenses - Staff costs increased to US$126.3 million, a 17.3% rise from US$107.7 million, attributed to network expansion and increased guest traffic[36]. - Raw materials and consumables used amounted to US$124.6 million, a 14.0% increase from US$109.3 million, maintaining a stable percentage of revenue at 33.7%[33]. - Administrative expenses decreased to US$8,372,000 from US$9,996,000, a reduction of 16.3%[94]. - The Group incurred a total depreciation and amortization expense of USD 39,022,000 for the six months ended June 30, 2024, down from USD 41,795,000 in the previous year[100]. Assets and Liabilities - The Group's cash and cash equivalents decreased by 8.0% to US$140.7 million as of June 30, 2024, from US$152.9 million as of December 31, 2023[62]. - The Group's inventories decreased by 10.7% to US$26.6 million as of June 30, 2024, from US$29.8 million as of December 31, 2023[53]. - The turnover days of inventory improved from 42.8 days to 40.7 days for the same periods, indicating better inventory management[54]. - The current ratio improved to 2.3 as of June 30, 2024, compared to 1.7 as of December 31, 2023[68]. - The Group's total current liabilities decreased to USD 31,230,000 as of June 30, 2024, compared to USD 34,887,000 as of December 31, 2023, indicating a reduction of about 10.0%[124]. - The Group's total trade receivables decreased to USD 15,765,000 from USD 18,430,000 as of December 31, 2023, reflecting a decline of approximately 9.0%[120]. - The Group's total assets decreased from USD 336,767,000 as of December 31, 2023, to USD 321,783,000 as of June 30, 2024, representing a decline of approximately 4.4%[142]. Investments and Future Plans - Capital expenditure for the six months ended June 30, 2024, amounted to US$17.7 million, primarily for new restaurant openings and renovations[64]. - The Group plans to continue identifying strategic investment opportunities but currently has no concrete plans for material investments[67]. - The Group's capital expenditure commitments for property, plant, and equipment as of June 30, 2024, were USD 6,714,000, up from USD 6,650,000 as of December 31, 2023[131]. Compliance and Governance - The Company has complied with the Corporate Governance Code throughout the reporting period[143]. - The Audit Committee reviewed the interim results and confirmed compliance with relevant accounting standards[149]. - There were no material events for disclosure after June 30, 2024[149]. - The interim report will be published on the Stock Exchange and the Company's website[152].

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on May 14, 2024 Registration No. 333-278940 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SUPER HI INTERNATIONAL HOLDING LTD. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) 5812 (Primary Standard Industrial Classification Code Number) Not Applicable (I.R.S. Employer Identif ...

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on May 13, 2024 Registration No. 333-278940 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 5812 (Primary Standard Industrial Classification Code Number) Not Applicable (I.R.S. Employer Identification No.) 1 Paya Lebar Link, #09-04 PLQ 1 Paya Lebar Quarter Singapore 408533 +65 6378 1921 (Address, including zip code, and telephone number, includi ...

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on April 26, 2024 Registration No. 333- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SUPER HI INTERNATIONAL HOLDING LTD. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) 5812 Not Applicable (I.R.S. Employer Identification No.) Cayman Islands (State or other jurisdiction of incorporation or org ...