Home » Haidilao’s market value fell below 200 billion today and its profit in the first half of the year is expected to be only one-tenth of the same period in 2019.

Haidilao’s market value fell below 200 billion today and its profit in the first half of the year is expected to be only one-tenth of the same period in 2019.

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July 26,HaidilaoThe stock price fell more than 16%, and the market value fell below 200 billion Hong Kong dollars.

Last night,HaidilaoMid-releasePerformancePreview.In the first six months of the announcement, revenue is expected to increase by 104% to 20 billion yuan, and it will turn losses into profits.Net profit80 million to 100 million yuan. But compared to the net profit of 646 million and 911 million yuan in the same period in 2018 and 2019,HaidilaoIt has not yet returned to its pre-epidemic level.

In this regard, Haidilao itself also admitted in its financial report that such performance did not meet the expectations of the company’s management.

The reasons include the company opening more stores in the second half of 2020 and the first half of 2021, and related expenses have increased; in addition, the company’s new stores in the second half of 2020 and the first half of 2021 will reach the first break-even and achieve cash return on investment. Longer than before. At the same time, overseas store operations are still being continuously affected by the new coronavirus epidemic in different countries and regions.

Image source: Haidilao in previous yearsannouncementscreenshot

(Source: Caijing.com)


Article source: Caijing.com

Editor in charge: DF398

Original title: Newsletter | Haidilao’s market value fell below 200 billion today, and its profit in the first half of the year is expected to be only one-tenth of the same period in 2019

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