Super Hi International: A Steaming Hotpot Worth The Wait
Portfolio Pulse from
Super Hi International, operating Haidilao's international hotpot restaurants, reported a 14.6% revenue growth in Q3 FY 2024, driven by same-store sales and new store openings. Despite rising labor costs, EBIT increased by 84.5%, with EPS at $0.06, aided by net foreign exchange gains.
December 06, 2024 | 3:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Super Hi International, trading as SPHIF, reported strong Q3 FY 2024 results with a 14.6% revenue increase and an 84.5% rise in EBIT, despite challenges in the U.S. market.
The strong revenue growth and significant EBIT increase indicate robust financial health and operational efficiency, likely boosting investor confidence and positively impacting SPHIF's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100