Haidilao reports profitability surge, expansion plans for 2025

** Haidilao International Holding reported a significant turnaround in its 2024 annual report, demonstrating a strong recovery and setting the stage for continued growth in 2025. The company announced total revenue of HKD42.75 billion, a 3.1% increase year-on-year, with core operating profit surging 18.7% to HKD6.23 billion. Profit for the year reached HKD4.7 billion, a 4.6% rise. Key to this success was an improved table turnover rate of 4.1 times per day at Haidilao restaurants and 415 million customer visits, a 4.5% increase.