Super Hi International Holding (09658) saw its shares rise nearly 4% in morning trading. At the time of reporting, the stock was up 3.89%, trading at HK$10.95 with a turnover of HK$8,979,500.

The company released its first-quarter results after the market close yesterday. Revenue reached $226 million, a year-on-year increase of 14.2%. Operating profit was $14 million, surging 70.7% compared to the same period last year, with the operating profit margin recovering to 6.2%, an improvement of 2.1 percentage points from the previous year. The overall table turnover rate reached 4.0 times per day, while same-store sales grew by 4.0%.

However, net profit for the period was $4.1 million, a decrease of 65.7% year-on-year. This decline was primarily attributed to a net foreign exchange loss that increased by $11.7 million compared to the prior year, mainly due to the depreciation of local currencies against the US dollar.