Aug 15, 2022 08:04 PM (GMT+8) · EqualOcean
Haidilao(Chinese: 海底捞,6862:HK) issued an announcement on August 14 that it expected to post a 17% drop in revenue for the first half of 2022, with a revenue of no less than CNY 16.7 billion. Its net loss was expected to swing from CNY 225 million to CNY 297 million over the reporting period. Haidilao attributed the decrease to the impact of Covid-19 from March to May 2022, which led to the restaurants closures, suspension of dine-in services as well as the decrease in customer traffic.