On August 26, HAIDILAO rose 5% in regular trading, trading at HK$12.04/share, with turnover of HK$24.03 million. The rally was primarily driven by the company's interim results released on August 25.
The company reported H1 revenue of RMB 22.337 billion, up 7.9% year-over-year, with core operating profit of RMB 2.513 billion, up 4.4%. The interim dividend was declared at HK$0.377 per share, representing an 11.5% increase and exceeding market expectations. Delivery business revenue surged 121.2% to RMB 2.051 billion, becoming the fastest-growing segment. Multi-brand restaurant revenue jumped 113.1% to RMB 1.271 billion. Self-operated restaurant table turnover rate improved from 3.8 to 3.9 times per day. Overall results were in line with institutional forecasts, while the stronger-than-expected dividend payout provided a near-term catalyst for the share price.
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