Super Hi reverses net loss in Q1 2025

The company reported a net profit of $15.2m.

Super Hi reported a 5.4% year-on-year (YoY) revenue increase in Q1 2025 to $253.2m (US$197.8m) from $240.1m (US$187.6m) in Q1 2024.

Profit for the period was $15.2m (US$11.9m), compared to a loss of $5.8m (US$4.5m) a year ago. This was due to a $26.1m (US$20.4m) reduction in net foreign exchange loss from currency revaluation, partly offset by lower income from operations.

Earnings per share stood at $0.03 (US$0.002), compared to a loss per share of $0.01 (US$0.001) in Q1 2024.

Revenue from Haidilao restaurant operations rose 4.5% YoY to $241.2m (US$188.4m), mainly driven by ongoing business expansion, increased brand influence, and continuous efforts to increase guest visits.

Revenue from its delivery business surged 37.9% YoY to $5.1m (US$4.0m), supported by sustained investment, marketing efforts, and the expansion of its delivery network alongside growing restaurant coverage.

Meanwhile, revenue from other business climbed 22.7% YoY to $6.9m (US$5.4m), driven by the increasing popularity of hot pot condiment products, Haidilao-branded goods, and the incubation of secondary branded restaurants under its Pomegranate Plan.

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