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Haidilao returns to profit, plans Philippines debut

The biggest hotpot chain Haidilao expects to return to profit this year, after posting almost 80 per cent year-on-year growth in revenue for 2022.

Chinese Top Hotpot Chain s Overseas Unit Sees Profit This Year

Chinese Top Hotpot Chain s Overseas Unit Sees Profit This Year
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Chinese hotpot chain Haidilao s overseas unit hopeful of making profit in 2023

Super Hi International Holding expects to post a profit this year, said CEO Zhou Zhaocheng, noting that crowds and spending have returned to pre-Covid levels.

Haidilao s overseas unit sees profit this year

SINGAPORE – The overseas unit of China's biggest hotpot chain Haidilao expects to return to profit this year, after posting almost 80 per cent year-on-year growth in revenue for 2022 late on Thursday (March 30). Haidilao International Holding's overseas unit, Super Hi International Holding, posted revenue of US$558.2 million (S$741.8 million) and a net loss of US$41.3 million for 2022,.

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