Super Hi Issues Profit Alert, Anticipates Annual Profit Attributable to Shareholders of at Least $34 Million

Stock News
03/02

Super Hi International Holding (09658) has announced that the group expects to achieve revenue of no less than $840 million for the fiscal year ending December 31, 2025, compared to revenue of $778 million for the fiscal year ending December 31, 2024. Furthermore, the company anticipates a profit attributable to its owners of no less than $34 million for the fiscal year ending December 31, 2025, whereas the profit attributable to owners was approximately $21.8 million for the fiscal year ending December 31, 2024. Based on currently available information, the board of directors attributes the increase in profit attributable to owners primarily to a net exchange gain, which is expected to be approximately $14 million for the fiscal year ending December 31, 2025, compared to a net exchange loss of $19.7 million for the fiscal year ending December 31, 2024. This change is mainly due to unrealized exchange gains from the revaluation of monetary items resulting from exchange rate fluctuations in 2025, where these items are denominated in a non-presentation currency (USD). Despite the growth in profit attributable to owners, the group's restaurant-level operating profit margin has slightly decreased compared to the previous year. This is primarily due to the group's strategy in the first half of 2025 of proactively offering benefits, which involved continued increased investment in customers and employees, leading to expected rises in staff costs, raw material costs, and other operating expenses.

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