Haidilao, Oriental Kopi see market value drops; Yum China acquires Pizza Hut China

Haidilao International Reports H1 2026 Growth Amid Market Decline

Haidilao International, operating its Greater China hotpot restaurants, recorded a 7.9 per cent year-on-year revenue increase to CNY 22.3 billion (US$3.3 billion) in the first half of 2026, according to its financial report. Net profit for the period edged up 0.5 per cent to CNY 1.8 billion.

The delivery segment was a key driver, surging 121.2 per cent to CNY 2.05 billion and now accounting for 9.2 per cent of total group revenue. Despite these gains, Haidilao International's market value dropped 30.9 per cent year to date as of September 14, 2026.

UOB Kay Hian analysts noted on August 27 that the main Haidilao brand is expected to maintain a steady store-opening pace.

Super Hi International Faces Net Loss from Foreign Exchange

Super Hi International, managing Haidilao's international outlets, reported a 10 per cent year-on-year revenue climb to US$218.8 million for the second quarter of 2026. Operating profit more than doubled, increasing 118.9 per cent to US$8.1 million, and table turnover improved to 3.9 turns per day from 3.8 in Q2 2025.

However, the company posted a net loss of US$1.9 million for the quarter, a significant shift from a US$16.4 million profit a year prior. This loss was heavily influenced by US$20.6 million in net foreign-exchange losses, resulting from local currency depreciations against the US dollar. Super Hi International's market value also shed 29.3 per cent year to date as of September 14, 2026.

Oriental Kopi's Profit Dip Despite Revenue Growth

Oriental Kopi saw its revenue jump 34.2 per cent year-on-year to RM156.6 million (US$38.5 million) for the third quarter ended June 30, 2026. This growth was attributed to rapid store expansions and high table turnover rates. Despite top-line expansion, the Malaysian F&B group's net profit for the quarter fell 5.3 per cent year-on-year to RM17 million.

This decline stemmed from an increase in the cost of sales and a higher effective tax rate. Oriental Kopi's market value has decreased by almost 36 per cent year to date, with analysts expressing mixed outlooks. In August 2026, the company expanded into Indonesia through a strategic joint venture.

Yum China Expands Portfolio Amid Competitive F&B Market

In August 2026, Yum China completed the acquisition of the Pizza Hut brand in mainland China from Yum! Brands for a cash consideration of US$1.2 billion. Yum China already operates nearly 13,800 KFC outlets, its core profit centre.

These developments occur as dining groups across Asia-Pacific contend with intensifying competition, rising cost inflation, and cautious consumer spending. For Asian investors, these mixed results highlight the varied impacts of market conditions and expansion strategies on F&B companies.

The performance of delivery segments and new market entries, like Oriental Kopi's move into Indonesia, will be key indicators for future growth in the regional dining sector.