
Core Viewpoint - Haidilao reported a net profit of 1.76 billion yuan in the first half of the year, with revenue reaching 20.7 billion yuan, indicating a decline in profit due to decreased table turnover rates and initial adjustments in product and service innovations [1] Financial Performance - Revenue for the first half of the year was 20.7 billion yuan, while net profit was 1.76 billion yuan [1] - The takeaway business generated 928 million yuan, showing a year-on-year growth of 59.6%, with "side dishes" contributing over 55% of this revenue [1] Operational Metrics - The average table turnover rate for self-operated restaurants was 3.8 times per day, down from 4.2 times per day in the same period last year [1] - The average customer spending was 97.9 yuan, slightly up from 97.4 yuan year-on-year [1] Expansion and Closures - As of the end of the first half, Haidilao operated 1,363 hot pot restaurants, having opened 25 self-operated and 3 franchised restaurants during this period [1] - The company implemented the "Woodpecker Plan," resulting in the closure of 33 restaurants that underperformed or had insufficient growth potential [1]