Super Hi International (NASDAQ:HDL) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS

Key Points

• Super Hi International (NASDAQ:HDL) reported quarterly earnings of $0.30 per share, exceeding estimates by $0.10.
• The company's stock opened at $20.26 but declined by 0.7% on the announcement day.
• Bank of America Corp DE purchased a new stake in Super Hi International, acquiring 1,809 shares valued at approximately $52,000.

Super Hi International (NASDAQ:HDL - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.10, Zacks reports. The company had revenue of $198.95 million for the quarter. Super Hi International had a return on equity of 14.94% and a net margin of 6.81%.

Super Hi International Stock Down 0.3%

HDL traded down $0.05 during trading on Friday, hitting $19.36. 1,082 shares of the company's stock traded hands, compared to its average volume of 3,271. The company's 50 day simple moving average is $19.70 and its two-hundred day simple moving average is $21.30. The company has a current ratio of 2.53, a quick ratio of 2.32 and a debt-to-equity ratio of 0.46. Super Hi International has a 12-month low of $14.18 and a 12-month high of $30.00. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 21.51 and a beta of -0.51.

Institutional Trading of Super Hi International

An institutional investor recently bought a new position in Super Hi International stock. Bank of America Corp DE purchased a new stake in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,809 shares of the company's stock, valued at approximately $52,000.

Super Hi International Company Profile

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.