特海国际2023 中期报告

(Incorporated in the Cayman Islands with limited liability)（於開曼群島註冊成立的有限公司） Stock Code 股份代號 : 9658 INTERIM REPORT中期報告2023 CONTENTS 2 DefinitionsCorporate InformationKey Financial Highlights2023 Interim Performance ReviewManagement Discussion and AnalysisCorporate Governance and Other InformationIndependent Auditor’s Review Report on the UnauditedInterim Condensed Consolidated Financial StatementsCondensed Consolidated Statement of Profit or Loss andOther Comprehensive IncomeCondensed Consolidated Statement of Financial PositionCondensed Consolidated Statement of Changes in EquityCondensed Consolidated Statement of Cash FlowsNotes to the Condensed Consolidated Financial Statements 5 8 20239 12 26 36 38 39 41 43 Corporate Information DIRECTORS Executive Directors 20233 30 Mr. ZHOU Zhaocheng(Chairman)Mr. LI Yu(appointed on March 30, 2023)Mr. WANG JinpingMs. LIU Li Independent Non-Executive Directors Mr. TAN Kang Uei, AnthonyMr. TEO Ser LuckMr. LIEN Jown Jing Vincent AUDIT COMMITTEE Mr. TEO Ser Luck(Chairman)Mr. TAN Kang Uei, AnthonyMr. LIEN Jown Jing Vincent REMUNERATION COMMITTEE Mr. LIEN Jown Jing Vincent(Chairman)Mr. TAN Kang Uei, AnthonyMr. TEO Ser LuckMr. ZHOU Zhaocheng NOMINATION COMMITTEE Mr. ZHOU Zhaocheng(Chairman)Mr. TEO Ser LuckMr. LIEN Jown Jing VincentMr. TAN Kang Uei, Anthony COMPANY SECRETARIES 20235 3020235 30 Ms. QU CongMr. CHENG Ching Kit(appointed on May 30, 2023)Ms. SO Shuk Yi Betty(resigned on May 30, 2023) AUTHORIZED REPRESENTATIVES Mr. ZHOU ZhaochengMs. QU Cong Corporate Information AUDITOR Deloitte & Touche LLPPublic Accountants and Chartered Accountants6 Shenton Way, OUE Downtown 2 #33-00Singapore 068809 Deloitte & Touche LLP6 Shenton Way, OUE Downtown 2 #33-00Singapore 068809 LEGAL ADVISOR 1526 Kirkland & Ellis26/F, Gloucester TowerThe Landmark15 Queen’s Road CentralHong Kong REGISTERED OFFICE Cricket SquareHutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket SquareHutchins DrivePO Box 2681Grand Cayman, KY1-1111Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS INSINGAPORE 1 Paya Lebar Link#09-04PLQ 1 Paya Lebar QuarterSingapore 408533 1 Paya Lebar Link#09-04PLQ 1 Paya Lebar QuarterSingapore 408533 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 24840 40th FloorDah Sing Financial CentreNo. 248 Queen’s Road EastWanchaiHong Kong HONG KONG SHARE REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-171617th Floor, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong superhi_ir@superhi-inc.com INVESTOR RELATIONS Email: superhi_ir@superhi-inc.com www.superhiinternational.com WEBSITE www.superhiinternational.com STOCK CODE 96589658 CONDENSED CONSOLIDATED STATEMENT OF PROFIT ORLOSS AND OTHER COMPREHENSIVE INCOME(US$’000) 2023 Interim Performance Review2023 2023 2023 INTERIM PERFORMANCE REVIEW 20232023630323.92022245.831.8% Following the lifting of the COVID-19 pandemic prevention controlmeasures across various operating countries of the Group in thefirst half of 2023, the consumer market continues to recover, andthe restaurant outlets have resumed normal operations. Credits tothe active contributions and continuous progress of the staff of theCompany, during the Reporting Period, the business of the Companycontinued to expand, and the brand influence of Haidilao restaurantsfurther rose. The Group recorded total revenue of US$323.9 million forthe six months ended June 30, 2023, representing a 31.8% increasefrom US$245.8 million for the same period in 2022, showing a stronggrowth momentum. 20233.33.412.320236303.4202255.7106.1% The Company continually optimizes the operational efficiency ofthe restaurants, regularly reviews various indicators of restaurantoperations, continuously strengthens staff training to improve thequality of dishes and services, and enhances customer satisfaction.In the first half of 2023, the overall table turnover rate of Haidilaorestaurants was 3.3 times per day, and the same-store table turnoverrate reached 3.4 times per day, with a total of 12.3 million customervisits. During the Reporting Period, the Company achieved profitability,recording a net profit of US$3.4 million for the six months endedJune 30, 2023, an increase of 106.1% as compared to the net loss ofUS$55.7 million for the same period of 2022. 8.3%6.8%2.2%(i) 2023(ii) During the Reporting Period, the restaurant management ability andoperational efficiency in various operating countries have significantlyimproved, with an operating profit margin at the restaurant level of8.3%, representing an increase of 6.8% compared to the same periodlast year and a sequential increase of 2.2% from the second half of lastyear. This was primarily because (i) the COVID-19 pandemic preventioncontrol measures were lifted in the operating countries in the first halfof 2023; and (ii) that under the “low base, high bonus” salary structure,restaurant managers, regional managers, and various functionaldepartment