Haidilao operator Super Hi bounces back from year-ago loss with $50.7 million Q3 profit

Quick Summary:

Its hotpot restaurants saw a 14.5% increase in revenue to US$190.9 million.

This was driven by the “growing popularity” for hotpot condiment products, as well as Haidilao and sub-branded food products among local customers and retailers, said Super Hi.

Super Hi operates 121 Haidilao outlets across 13 countries outside China, including 73 outlets in South-east Asia.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaHong KongMacauTaiwanUnited States

Topics: Bounces Super Loss Revenue Haidilao Cent Operator Year-ago Year Million Outlets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 13:55:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 614 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 23877418

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