Super Hi Reports Strong Operational Growth in Q1 2026, Net Profit Hit by FX Losses
summarizeSummary
Super Hi International reported a 14.2% revenue increase and a 70.7% jump in operating income for Q1 2026, driven by strong restaurant performance, but net profit fell 65.8% due to foreign exchange losses.
check_boxKey Events
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Revenue Growth
Revenue increased 14.2% year-over-year to US$225.9 million in Q1 2026.
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Strong Operational Income
Income from operation surged 70.7% to US$14.0 million, with the operating margin improving to 6.2% from 4.1% in the prior year.
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Net Profit Decline Due to FX
Net profit for the period decreased 65.8% to US$4.1 million, primarily due to US$11.7 million in foreign exchange losses.
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Improved Restaurant Metrics
Overall average table turnover rate increased to 4.0 times per day, and total guest visits rose 3.8% to 8.1 million.
auto_awesomeAnalysis
The company demonstrated robust operational performance in Q1 2026, with significant increases in revenue, operating income, and key restaurant metrics. However, net profit declined sharply due to substantial foreign exchange losses. This indicates a healthy core business masked by currency volatility, occurring while the stock trades near its 52-week low.
At the time of this filing, HDL was trading at $13.35 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $799M. The 52-week trading range was $13.11 to $28.88. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.