Haidilao International Holding ( (HDALF) ) has released its Q2 earnings. Here is a breakdown of the information Haidilao International Holding presented to its investors.
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Haidilao International Holding Ltd. is a leading company in the catering industry, primarily known for its hot pot restaurant operations, with a significant presence in mainland China and other regions. In its latest earnings report for the first half of 2025, Haidilao reported a decrease in revenue and profit compared to the same period in 2024. The company generated a revenue of RMB20.7 billion, a 3.7% decline from the previous year, and a profit of RMB1.75 billion, down by 13.7%. The decrease was attributed to intensified market competition and evolving consumer needs, which impacted the table turnover rate and guest visits. Despite these challenges, Haidilao continued to expand its restaurant network, opening new outlets and implementing strategic initiatives such as the ‘Woodpecker plan’ to optimize operations. The company also saw significant growth in its delivery business, with revenue increasing by nearly 60%, and continued to develop its multi-brand strategy under the ‘Pomegranate plan’. Looking ahead, Haidilao remains committed to enhancing its dining experience, expanding its franchise model, and leveraging digital operations to drive future growth.