Special Sea International's first quarter revenue increased by 14.2% year-on-year.

date
20/05/2026
On May 20, Techai International announced on the Hong Kong Stock Exchange that the revenue for the first quarter of 2026 was $225.9 million, a year-on-year increase of 14.2%; same-store sales were $183.5 million, a year-on-year increase of 4.0%; operating profit was $14 million, a year-on-year increase of 70.7%; net profit for the period was $4.1 million, compared to $11.9 million in the same period in 2025. The main reason for this change was the net increase of $11.7 million in exchange losses compared to the same period in 2025, mainly due to foreign exchange fluctuations, especially the depreciation of local currencies against the US dollar. In the first quarter of 2026, the company opened 1 new Haidilao restaurant in Southeast Asia; the total number of Haidilao restaurants increased from 126 on December 31, 2025 to 127 on March 31, 2026.