HKG$HDL

Super Hi International Holding Ltd · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Super Hi returned to profitability in Q2 2025 despite a drop in operating income margin.

Super Hi generated $198.95M in revenue and $16.4M in net income, driven by international expansion and improved same-store sales, while operational costs increased due to strategic investment in staff and marketing.

  • Revenue rose 8.5% YoY to $198.95M.
  • Net income reached $16.4M, reversing a loss in Q2 2024.
  • Operating income fell 56.5% YoY to $3.7M due to higher expenses.
  • Same-store sales grew 5.3% year-over-year.

Headline financials

Total Revenue

$199M

No prior period
EPS (adj)

$0.03

No prior period
Table turnover rate

3.8

No prior period
Operating margin

1.9%

No prior period
Same-store sales

$5.30

No prior period
Guest visits

7.7M

No prior period
Net Income

$16.4M

No prior period
Operating Income

$3.7M

No prior period

Revenue & EPS history

Super Hi · Revenue · Quarterly

$199M

Q2 2025

Forward guidance

The company plans to focus on precision management, expand the Haidilao brand internationally, and improve restaurant performance using its 'Pomegranate' and 'Woodpecker' initiatives.

Tailwinds

  • Expansion to 126 restaurants across 14 countries.
  • Stable table turnover rates and increased guest traffic.
  • Delivery revenue grew over 60% YoY.
  • Same-store revenue growth led by East Asia and North America.
  • Continued brand popularity and local market engagement.

Headwinds

  • Operating margin fell from 4.6% to 1.9%.
  • Higher staff and raw material costs impacted profitability.
  • Decrease in government grants compared to 2024.
  • Net profit benefited largely from reduced FX losses.
  • Same-store sales in Southeast Asia slightly declined YoY.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 4 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-2.7%

Avg return

Earnings day

-3.6%

Avg return

5 days after

+2.9%

Avg return

30 days after

17%

1 / 6 earnings

Positive

+3.1%

Q3 2022

Best reaction

-8.6%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.0%-2.3%-10.9%
Q2 2025-3.1%-4.4%-10.4%
Q4 2024-6.9%-10.2%-18.4%
Q3 2024-0.6%-1.5%+59.3%
Q1 2024-8.6%+0.3%-5.1%
Q3 2022+3.1%

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