Restaurant operator Super Hi hits lowest in nearly 3 months on Q1 loss

Haidilao International Holding

19/06/2024 05:08

** Shares of Chinese restaurant operator Super Hi
International Holding  9658.HK  fall 6.1% to HK$12.28, lowest
since March 27 
    ** Stock of the operator of Haidilao  6862.HK  hotpot
restaurant chain down for a fourth straight session
    ** Co posts $4.5 mln loss for Q1 2024, compared with an
income of $5.6 mln a year earlier, due to foreign exchange
losses 
    ** Says Q1 revenue up 16.6% year-on-year at $187.6 mln 
    ** The Hang Sang Seng Consumption Index  .HSCGSI  gains
0.3%, Hang Seng Commerce & Industry Index  .HSNC  rises 2% and
Hang Seng Index  .HSI  climbs 1.9%
    ** Stock up 21.7% YTD  

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))