Home » Haidilao Tehai International’s third-quarter revenue increased 14.6% year-on-year

Haidilao Tehai International’s third-quarter revenue increased 14.6% year-on-year

Haidilao Tehai International’s third On November 25, Haidilao’s overseas business entity, Tehai International Holdings Co., Ltd., releas its unaudit third-quarter 2024 financial report.

In the third quarter of this year, Tehai International’s revenue reach US$198.6 million, a year-on-year increase of 14.6%. In addition, the restaurant’s operating profit margin also increas significantly to 7.5%, up from 5.7% in the same period of 2023. The net profit for the period was US$37.7 million, compar with a loss of US$1.4 million in the same period of 2023. The main reasons for the change were the continu expansion of the business, which l to revenue growth, as well as efforts to increase customer flow and table turnover; the company’s operating efficiency improv ; and in addition to the above factors affecting operating profit, the net exchange gain increas by US$34.6 million compar with the same period of 2023.

In the third quarter

The total number of passengers of Tehai vp maintenance email lists International exce 7.4 million, an increase of 4.2% over the same period last year, and the same-store sales growth rate was 5.6%. It also achiev sustain growth in the operation of existing stores. The average same-store turnover rate reach 3.7 times, and the total turnover rate reach 3.8 times per day, an increase from 3.7 times in the same period of 2023.

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In terms of store size

Tehai International will open no new stores in the Haidilao Tehai International’s third third quarter of 2024, and will temporarily close a restaurant in Southeast Asia, with plans to reopen it as a second brand restaurant in the near future.

As of September 30, 2024, Tehai International cold calling statistics and how to boost yours operates 121 Haidilao hotpot restaurants in 13 countries on four continents excluding the Chinese market, of which 73 are locat in Southeast Asia, 18 in East Asia, 20 in North America, and 10 in other regions.

The losses of the local life group

The large entertainment group have narrow mobile lead year-on-year, and the business operation efficiency has been optimiz in a plann Haidilao Tehai International’s third and rhythmic manner. At the same time, the orders of Ele.me and AutoNavi have increas , and the business scale has increas . During the National Day holiday in October this year, AutoNavi’s daily active users peak at more than 300 million, a record high. AutoNavi’s daily active users peak at more than 300 million during the National Day holiday, a record high.

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