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Super Hi International Reports Strong 2024 Financial Results
Super Hi International Reports 13.4% Revenue Growth Amid Global Expansion
Super Hi International Shares Fall Over 5% as Q4 Earnings Miss Estimates
Super Hi International Swings to Q4 Loss, Revenue Rises
6-K: Report of foreign private issuer (related to financial reporting)
SUPER HI (09658.HK) reported an income of 0.778 billion dollars in 2024, a year-on-year increase of 13.4%.
On March 25, Gelonghui reported that SUPER HI (09658.HK) announced a total revenue of 0.778 billion USD for the entire year of 2024, an increase of 13.4% year-on-year. The profit for the year was 21.4 million USD, a decrease of 15.4% compared to 2023. The basic earnings per share and diluted earnings per share were both 0.04 USD, compared to approximately 0.05 USD for the basic and diluted earnings per share last year. This change was mainly due to an increase of 14.7 million USD in foreign exchange losses, mainly driven by Forex fluctuations (especially the depreciation of local currency against the USD). This impact was partially offset by the following factors: (