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Stock impact report

Super Hi Reports Unaudited Financial Results for the Second Quarter of 2024

SUPER HI INTERNATIONAL HOLDING LTD. - American Depositary Shares (HDL) 
Company Research Source: GlobeNewswire
SINGAPORE, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Super Hi International Holding Ltd. (NASDAQ: HDL and HKEX: 9658) (“Super Hi” or the “Company”), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants in the international market, today announced its unaudited financial results for the second quarter of FY2024 ended June 30, 2024. Second Quarter 2024 Highlights Revenue was US$183.3 million, representing an increase of 12.5% from US$163.0 million in the same period of 2023.In the second quarter of 2024, the Company opened 4 new Haidilao restaurants and closed 1 restaurant in Southeast Asia that had been underperforming for a prolonged period, resulting in an increase of 3 net new Haidilao restaurants. Total number of Haidilao restaurants expanded from 119 as of March 31, 2024 to 122 as of June 30, 2024.Total table turnover rate1 and same-store table turnover rate2 were both 3.8 times per day, compared to 3.3 times per day in the same period of 2023.Had over Show less Read more
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