Company Announcements

Super Hi Reports Growth Amidst Net Losses

SUPER HI INTERNATIONAL HOLDING LTD. Sponsored ADR (HDL) has released an update.

Super Hi International Holding Ltd., renowned for its Haidilao hot pot restaurants, reported a robust 16.6% revenue growth to $187.6 million in Q1 2024, attributing the success to increased guest visits and higher table turnover rates. Despite the positive sales figures, the company faced a net loss of $4.5 million due to unrealized foreign exchange losses. Super Hi remains focused on expanding its global footprint and enhancing customer experience to sustain its growth trajectory.

For further insights into HDL stock, check out TipRanks’ Stock Analysis page.

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