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Super Hi to Report Second Quarter 2025 Financial Results on Tuesday, August 26, 2025
GlobeNewswire News Room· 2025-08-14 09:30
Company Overview - Super Hi International Holding Ltd. operates Haidilao hot pot restaurants internationally, recognized as a leading Chinese cuisine brand [3] - Haidilao has a rich history since 1994, originating from Sichuan, and has become a cultural phenomenon in the global restaurant industry [3] - As of March 31, 2025, Super Hi has 123 self-operated Haidilao restaurants across 14 countries on four continents, making it the largest Chinese cuisine brand in terms of international presence [3] Financial Reporting - The company will report its unaudited financial results for the second quarter of FY2025 on August 26, 2025, before U.S. market opening [1] - An earnings conference call will be held on the same day at 8:00 AM U.S. Eastern Time to discuss the financial results [2] Brand Recognition - Haidilao has been ranked among the world's most valuable restaurant brands for six consecutive years since 2019 and was awarded the title of "World's Strongest Restaurant Brand" for 2024 by Brand Finance [3]
Super Hi Reports Unaudited Financial Results for the First Quarter of 2025
Globenewswire· 2025-05-21 10:00
Core Insights - Super Hi International Holding Ltd. reported a revenue of US$197.8 million for Q1 2025, marking a 5.4% increase from US$187.6 million in Q1 2024 [4][6] - The company focused on customer-centric initiatives and operational adjustments to enhance long-term customer loyalty and engagement [3][6] - The net profit for the period was US$11.9 million, a significant improvement from a loss of US$4.5 million in the same period of 2024, primarily due to reduced foreign exchange losses [10][11] Financial Performance - Revenue from Haidilao restaurant operations was US$188.4 million, up 4.5% from US$180.3 million in Q1 2024, driven by business expansion and increased guest visits [7] - The income from operation was US$8.2 million, down 33.9% from US$12.4 million in Q1 2024, with an operating margin of 4.1% compared to 6.6% in the previous year [9] - Staff costs increased to US$69.8 million, a 9.7% rise from US$63.6 million in Q1 2024, reflecting the expansion of the workforce and enhanced employee benefits [8] Operational Highlights - The total number of Haidilao restaurants increased from 119 to 123, with 4 new openings and 3 closures of underperforming locations [6] - The same-store table turnover rate was 4.0 times per day, a slight increase from 3.9 times per day in Q1 2024, with total guest visits rising by 6.8% year-over-year to over 7.8 million [6][14] - Average spending per guest decreased to US$24.2 from US$24.9 in the same period of 2024 [17] Strategic Initiatives - The company is implementing a "Pomegranate Plan" to diversify product offerings and enhance customer experience through iterative improvements in restaurant design and operational excellence [3][6] - Continued investment in delivery services resulted in a revenue increase of 37.9% to US$4.0 million, supported by expanded delivery networks [7] - The company aims to strengthen workforce cohesion through team-building initiatives and competitive compensation packages [3]
Super Hi to Report First Quarter 2025 Financial Results on Wednesday, May 21, 2025
Globenewswire· 2025-05-09 10:00
Core Viewpoint - Super Hi International Holding Ltd. will report its unaudited financial results for the first quarter of FY2025 on May 21, 2025, before the U.S. market opens [1][2]. Company Overview - Super Hi operates Haidilao hot pot restaurants internationally, recognized as a leading Chinese cuisine brand with roots in Sichuan since 1994 [3]. - Haidilao has become one of the most popular and largest Chinese cuisine brands globally, known for its unique dining experience, which includes warm service, great ambiance, and delicious food [3]. - The brand has been ranked among the world's most valuable restaurant brands for six consecutive years since 2019 and earned the title of "World's Strongest Restaurant Brand" for 2024 [3]. - As of December 31, 2024, Super Hi had 122 self-operated Haidilao restaurants in 14 countries across four continents, making it the largest Chinese cuisine restaurant brand internationally in terms of the number of countries covered [3].