Haidilao shares jump as delivery growth and new restaurant brands boost outlook
Haidilao International’s stock rose on Wednesday after the company disclosed first-half financial results demonstrating strong growth in its delivery operations. Revenue for the period through June increased 7.9% year-over-year to 22.34 billion yuan, equivalent to $3.32 billion, while core operating profit climbed 4.4% to 2.51 billion yuan.
The delivery segment emerged as the company’s fastest-growing division, with revenue surging 121.2% to 2.05 billion yuan. This expansion was pri