Haidilao International (6862) investor relations material

Executive summary

• Revenue rose 7.9% year-over-year to RMB22,336.9 million for the six months ended June 30, 2026, with profit for the period up 0.5% to RMB1,764.0 million.

• Core operating profit (non-IFRS) increased 4.4% to RMB2,513.5 million, reflecting operational improvements and business mix changes.

• Delivery and other restaurant operations saw rapid growth, offsetting a decline in self-operated Haidilao restaurant revenue.

• Interim dividend of HKD0.377 per share declared, payable in September 2026.

Financial highlights

• Revenue: RMB22,336.9 million (+7.9% YoY); profit for the period: RMB1,764.0 million (+0.5% YoY).

• Core operating profit (non-IFRS): RMB2,513.5 million (+4.4% YoY).

• Delivery business revenue surged 121.2% YoY to RMB2,051.4 million; other restaurant operations up 113.1% YoY.

• Haidilao restaurant operation revenue fell 4.0% YoY to RMB17,836.7 million due to fewer self-operated outlets.

• Basic EPS: RMB0.33 (vs. RMB0.32 in 2025).

Outlook and guidance

• 2027 expected to focus on parallel rejuvenation of existing operations and incremental expansion.

• Acceleration of new restaurant openings, especially in higher- and lower-tier cities, planned.

• Food stall hot pot and sushi formats prioritized for large-scale replication and revenue growth.

• Continued expansion of delivery and diversified channels to consolidate growth.