Super Hi Reports Unaudited Financial Results for the Third Quarter of 2024
SUPER HI INTERNATIONAL HOLDING LTD. - American Depositary Shares (HDL)
Company Research
Source: GlobeNewswire
SINGAPORE, Nov. 25, 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 third quarter of FY2024 ended September 30, 2024. Third Quarter 2024 Highlights Revenue was US$198.6 million, representing an increase of 14.6% from US$173.3 million in the same period of 2023.In the third quarter of 2024, the Company maintained its existing restaurant footprint with no new openings. The Company temporarily closed 1 restaurant in Southeast Asia in anticipation to relaunch the restaurant as a secondary branded restaurant in the near future. The total number of Haidilao restaurants as of September 30, 2024 was 121, reflecting a net increase of 6 since December 31, 2023.Total table turnover rate1 was 3.8 times per day, compared to 3.7 times per day in the same peri
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