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Super Hi Reports Unaudited Financial Results for the Third Quarter of 2025
Globenewswire· 2025-11-26 10:00
SINGAPORE, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Super Hi International Holding Ltd. (NASDAQ: HDL and HKEX: 9658) ("Super Hi" or the "Company"), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants in the international market, today announced its unaudited financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Highlights Revenue was US$214.0 million, representing an increase of 7.8% from US$198.6 million in the same period of 2024.In the third quarter o ...
Super Hi Reports Unaudited Financial Results for the Second Quarter of 2025
Globenewswire· 2025-08-26 10:00
Core Insights - Super Hi International Holding Ltd. reported a total revenue of US$198.9 million for Q2 2025, marking an 8.5% increase from US$183.3 million in Q2 2024 [4][5] - Same-store sales increased by 5.3% year-over-year, reaching US$170.2 million [5][21] - The company experienced a significant decline in income from operations, which fell by 56.5% to US$3.7 million, with an operating margin of 1.9% compared to 4.6% in the previous year [9][10] Financial Performance - Revenue from Haidilao restaurant operations was US$189.1 million, up 7.3% from US$176.2 million in Q2 2024 [6] - The delivery business revenue surged by 60.9% to US$3.7 million, driven by optimized delivery services and marketing collaborations [6] - Other business revenue increased by 27.1% to US$6.1 million, attributed to the popularity of hot pot condiments and the incubation of secondary branded restaurants [6] Operational Highlights - The company opened 4 new Haidilao restaurants and closed 1 underperforming location, bringing the total to 126 restaurants [5] - The average table turnover rate remained stable at 3.8 times per day, with same-store turnover at 3.9 times [5][17] - Total guest visits increased by 6.9% to over 7.7 million compared to 7.2 million in Q2 2024 [5] Cost Structure - Raw materials and consumables used rose by 9.6% to US$67.6 million, representing 34.0% of revenue, up from 33.7% [7] - Staff costs increased by 12.1% to US$70.3 million, accounting for 35.3% of revenue, compared to 34.2% in the same period last year [8] - The decline in operating income was attributed to increased investment in customer and employee benefits, higher outsourcing fees, and reduced government grants [9] Profitability - The company reported a profit of US$16.4 million for the period, a significant turnaround from a loss of US$0.1 million in Q2 2024 [10] - Basic and diluted net profit per share were both US$0.03, compared to a net loss per share in the same period last year [11] Market Position - Super Hi operates Haidilao restaurants in 14 countries, making it the largest Chinese cuisine restaurant brand internationally by the number of countries covered [25] - The brand has been recognized as one of the world's most valuable restaurant brands for six consecutive years, earning the title of "World's Strongest Restaurant Brand" for 2024 [25]