Super Hi International Holding Ltd Stock Price, News & Analysis

Super Hi International (NASDAQ: HDL) reported its Q4 and FY 2024 financial results, showing solid growth in its hot pot restaurant operations. Q4 revenue increased 10.4% YoY to $208.8 million, with operating income margin improving to 8.4% from 6.4%. However, the company recorded a Q4 loss of $11.6 million due to foreign exchange losses.

For FY 2024, revenue grew 13.4% to $778.3 million, while profit decreased 15.4% to $21.4 million. The company expanded its restaurant network to 122 locations, a net increase of 7 restaurants. Guest visits increased 12% to 29.9 million, with same-store sales growth of 7.1%. Table turnover rate improved to 3.8 times per day from 3.5 in 2023.

The company launched its 'Pomegranate plan' in 2024, focusing on diversifying business offerings and expanding its customer base through various restaurant formats.

Super Hi International Holding (NASDAQ: HDL, HKEX: 9658), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants internationally, has scheduled its fourth quarter and full year 2024 financial results announcement for Tuesday, March 25, 2025, before U.S. markets open.

The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Singapore/Hong Kong Time) on the same day. The call will be available via live webcast in both English and Chinese, with dial-in options available through pre-registration.

Super Hi International (NASDAQ: HDL) reported Q3 2024 financial results with revenue of US$198.6 million, up 14.6% year-over-year. The company's restaurant count reached 121, a net increase of 6 since December 2023. Key metrics showed improvement with table turnover rate at 3.8 times per day and guest visits increasing 4.2% to 7.4 million. Same-store sales growth was 5.6%. Income from operations reached US$14.9 million, up 52%, with operating margin improving to 7.5%. The company reported a profit of US$37.7 million, compared to a loss of US$1.4 million in the same period last year.

Super Hi International Holding (NASDAQ: HDL, HKEX: 9658), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants internationally, has scheduled its Q3 2024 earnings release for Monday, November 25, 2024, before U.S. markets open. The management will host an earnings conference call at 7:00 AM ET (8:00 PM Singapore/Hong Kong Time) on the same day. The call will be available via webcast in both English and Chinese, with phone participation available through pre-registration. An archived version will be accessible on the company's Investor Relations website.

Super Hi International Holding (NASDAQ: HDL) reported its Q2 2024 financial results, showing strong growth. Revenue increased 12.5% year-over-year to US$183.3 million, driven by recovery in international markets and improved restaurant performance. The company expanded its Haidilao restaurant network to 122 locations, opening 4 new restaurants and closing 1 underperforming outlet. Total guest visits rose 14.3% to 7.2 million, with table turnover rate improving to 3.8 times per day. Despite revenue growth, income from operations declined 14.1% to US$8.5 million due to increased expenses. The company reported a narrow loss of US$0.1 million, an improvement from the US$2.2 million loss in Q2 2023. Super Hi's CEO highlighted efforts to enhance local restaurant management and improve guest satisfaction.

SUPER HI INTERNATIONAL HOLDING (NASDAQ: HDL, HKEX: 9658), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants internationally, has announced its upcoming financial results release. The company will report unaudited financial results for the second quarter of FY2024 on Tuesday, August 27, 2024, before U.S. markets open. Management will host an earnings conference call to discuss first half 2024 financial results at 8:00 AM U.S. Eastern Time (8:00 PM Singapore/Hong Kong Time) on the same day.

A live webcast of the call will be available in both English and Chinese. Participants can access the webcast through provided links. For those joining by phone, registration is required in advance. An archived webcast of the conference call will be available on the Company's Investor Relations website.

Super Hi International Holding (NASDAQ: HDL, HKEX: 9658) announced the appointment of Ms. Yang Lijuan as the new CEO and executive director, effective July 1, 2024. Ms. Yang, known for her extensive experience with Haidilao International, helped navigate the company through the pandemic and achieved a net profit of 4.495 billion yuan in 2023. Her leadership and strategic insights are expected to strengthen Super Hi's operations and drive growth. Mr. Li Yu, the outgoing CEO, will remain as a senior regional manager and executive director. Additionally, Mr. Wang Jinping has resigned as executive director and COO to focus on new business incubation. These changes are aimed at bolstering the company's leadership and strategic direction.

Super Hi International Holding (NASDAQ: HDL and HKEX: 9658), operating Haidilao hot pot restaurants, announced its unaudited financial results for Q1 2024. Revenue increased by 16.6% to $187.6 million, with Haidilao operations contributing $180.3 million. The company opened 4 new restaurants, totaling 119. Guest visits rose by 21.7% to 7.3 million, while same-store sales grew by 10%. However, income from operations margin declined to 6.6% from 7%. Operational costs and staff expenses also increased, leading to a net loss of $4.5 million compared to a $5.6 million income in Q1 2023. Basic and diluted net loss per share were $0.01. Super Hi successfully listed on Nasdaq in May 2024, raising $60.57 million from an offering of ADSs.