SUPER HI (09658) announced its second quarter 2025 financial results, reporting revenue of $198.9 million, representing an 8.5% year-over-year increase. The company recorded a profit attributable to owners of $16.414 million, compared to a loss of $0.126 million in the same period last year. Basic earnings per share reached $0.03.
During the second quarter of 2025, the company continued to optimize its restaurant network by opening 4 new Haidilao restaurants while closing 1 underperforming location. The total number of Haidilao restaurants increased from 123 as of March 31, 2025, to 126 as of June 30, 2025. Total customer traffic exceeded 7.7 million visits, representing a 6.9% increase compared to 7.2 million visits in the same period of 2024.
Ms. Yang Lijuan, Chief Executive Officer and Executive Director of SUPER HI, commented: "In the second quarter of 2025, the average table turnover rate at Haidilao restaurants remained stable compared to the same period last year, with same-store sales growth of 5.3%. Our overall revenue increased 8.5% year-over-year, but operating profit declined 56.5% compared to the same period last year, with operating profit margin decreasing by 2.7 percentage points year-over-year. This quarter, we continued to implement our strategy of sharing benefits with customers and employees, enabling customers to better appreciate our value proposition while enhancing employees' sense of achievement and unity. The decline in operating profit aligns with our expectations for executing the benefit-sharing strategy, but it also reflects areas where our management refinement needs improvement during dynamic operations. We will continue to advance management improvements, with particular emphasis on promoting the 'Red Pomegranate Plan' and continuing to dynamically implement the 'Woodpecker Plan' for underperforming stores. We will also actively embrace new technological transformations and applications to improve organizational efficiency and address current challenges."
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