Super Hi International reports 118.9% jump in Q2 operating profit

Super Hi International reported a significant increase in operating profit for its second quarter, with income from operations rising 118.9% to $8.1 million. This growth outpaced a 10% year-over-year increase in total revenue, which reached approximately $219 million.

Operating margins nearly doubled, expanding to 3.7% from 1.9% in the previous year. The company attributed this improved efficiency to investments in employee development, customer experience, and restaurant management. Haidilao restaurant revenue grew 4.6% to $198 million, supported by 8.1 million customer visits, a 5.2% increase from the prior year.

Non-restaurant revenue streams saw rapid expansion. Delivery service revenue more than doubled, rising 105% to $7.56 million, while other business revenue increased 119.7% to $13.39 million. These segments, which include Haidilao-branded food and seasonings, now account for nearly 9.6% of total revenue.