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The latest update is out from Super Hi International Holding Ltd. ( (HK:9658) ).
Super Hi International Holding Ltd. announced its annual results for 2024, reporting a revenue increase of 13.4% to US$778.3 million, despite a decline in net profit due to foreign exchange fluctuations. The company opened 10 new restaurants while closing 3 in Southeast Asia, bringing its total to 122 across 14 countries. The restaurant level operating margin improved to 10.1%, and the average table turnover rate increased, reflecting enhanced operational efficiency. The company is pursuing global expansion with a cautious approach, focusing on management capabilities and exploring new business forms to establish itself as a leading global catering service group.
More about Super Hi International Holding Ltd.
Super Hi International Holding Ltd. operates in the restaurant industry, primarily focusing on the operation of Haidilao restaurants. The company is known for its hot pot dining experience and has a significant presence in Southeast Asia, East Asia, North America, and other regions. It is expanding its business internationally and exploring new business forms, including barbecue, specialty hot pot, and fast food.
YTD Price Performance: -11.64%
Average Trading Volume: 1,089,619
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$12.64B
See more insights into 9658 stock on TipRanks’ Stock Analysis page.