Summary by Moomoo AI
Haidilao International Holdings Limited (Haidilao) announced its interim performance for 2024, with revenue reaching RMB 21,490,903 thousand during the period, a 13.8% increase compared to the same period last year; pre-tax profit was RMB 2,888,060 thousand, a slight increase of 2.6% from the same period last year. The net profit for the period was RMB 2,033,103 thousand, a decrease of 10.0% from the same period last year, mainly affected by changes in net exchange gains and losses and the cancellation of preferential policies for deducting input value-added tax in mainland China. The company declared an interim dividend of HK$0.391 per share (equivalent to RMB 0.358). Haidilao continued its expansion during the reporting period, opening 11 new restaurants and closing 43 underperforming ones. As of June 30, 2024, the company operates a total of 1,343 Haidilao restaurants. Additionally, the company announced personnel changes after the reporting period, with Mr. Gou Yiqun replacing Ms. Yang Lijuan as Executive Director and CEO.
