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Super Hi Reports Growth Amidst Net Losses

SUPER HI INTERNATIONAL HOLDING LTD. Sponsored ADR (HDL) has released an update.

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Super Hi International Holding Ltd., renowned for its Haidilao hot pot restaurants, reported a robust 16.6% revenue growth to $187.6 million in Q1 2024, attributing the success to increased guest visits and higher table turnover rates. Despite the positive sales figures, the company faced a net loss of $4.5 million due to unrealized foreign exchange losses. Super Hi remains focused on expanding its global footprint and enhancing customer experience to sustain its growth trajectory.

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