On August 26, HAIDILAO rose 3.59% at open, trading at HK$11.82/share, with turnover of HK$2.73 million. The gain was driven by the company's interim results released the prior evening.
HAIDILAO reported H1 revenue of RMB 22.337 billion, up 7.9% year-over-year, with core operating profit of RMB 2.513 billion, up 4.4%. Attributable profit edged up 0.5% to RMB 1.764 billion. The board declared an interim dividend of HK$0.377 per share, representing an 11.5% increase year-over-year, exceeding market expectations on payout.
Key growth drivers included delivery revenue surging 121.2% to RMB 2.051 billion, now comprising 9.2% of group revenue, and multi-brand restaurant income rising 113.1% to RMB 1.271 billion. The flagship brand's table turnover rate improved to 3.9 times per day from 3.8 in the prior-year period. During the reporting period, the group opened 24 self-operated and 14 franchised restaurants. Overall results were broadly in line with institutional forecasts, while the stronger-than-expected dividend provided additional short-term support.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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