(SeaPRwire) –
By: Robert Kensington
Super Hi International Holding Ltd.’s second quarter of 2026 financials reveal a tale of growth interwoven with challenges. Revenue surged 10.0% to $218.8 million, yet a $1.9 million loss replaced the prior year’s $16.4 million profit. This shift isn’t just about topline numbers; it’s about navigating external factors like foreign exchange fluctuations. Let’s break down the numbers.
Haidilao restaurant operations contributed $197.8 million, a 4.6% year-over-year increase. That growth traces back to improved operational metrics—table turnover rates climbed. The overall average table turnover rate hit 3.9 times per day, up from 3.8, and same-store rates rose to 4.0 times. Meanwhile, the restaurant network expanded, with two new locations bringing the total to 129. But delivery revenue tells another story: it spiked 105.4% to $7.6 million, driven by optimized offerings and expanded partnerships. Other business revenue jumped 119.7% to $13.4 million, buoyed by popular condiments and the “Pomegranate Plan” for secondary brands.
Costs aren’t standing still. Raw materials and consumables used rose 10.5% to $74.7 million, aligning with revenue growth. Staff costs increased 6.7% to $75.0 million, reflecting more employees and higher minimum wages in some markets. However, income from operation margin improved to 3.7% from 1.9%, a 1.8 percentage point gain. This comes from operational efficiency and revenue leverage. Yet, the net foreign exchange loss of $20.6 million in Q2 2026, compared to a gain before, underscores currency risks.
Super Hi’s Q2 results highlight the dual nature of growth—expansion in core and new segments, but vulnerability to external market forces. The company’s focus on employee and customer dual strategies is paying off in operational resilience, but managing currency volatility remains critical. As the business diversifies, balancing cost control with continued investment will be key. Author bio: Robert Kensington, an overseas entrepreneurial veteran with decades of experience in real-economy industrial investment and expansion.