super hi (09658) continued to rise in the morning session, with a 12.73% increase in stock price, now trading at 15.06 Hong Kong dollars, with a turnover of 48.7068 million Hong Kong dollars.

Changjiang Securities pointed out that in the third quarter of 2024, haidilao restaurants generated operating revenue of 0.191 billion USD, accounting for 96.12% of total revenue, still being the main source of the company’s revenue, with a year-on-year growth of 14.5%, mainly due to business expansion and enhanced brand influence; an increase in customer traffic and turnover rate; and a rise in per capita consumption. Revenue from takeout dining increased by 8.3% year-on-year, mainly due to strengthened cooperation with local takeout platforms, while revenue from other businesses grew by 21.4% year-on-year, mainly due to the recognition of haidilao condiments and haidilao brand and sub-brand foods locally. The institution believes that the company’s single-store model is continuously optimized, and new stores quickly achieve a break-even point, remaining bullish on the development space of the hot pot industry in the international market as well as the company's future development prospects.