Haidilao (HKG: 6862 / FRA: 8HI / OTCMKTS: HDALF): Cooking Up a Turnaround?

Haidilao International Holding (HKG: 6862 / FRA: 8HI / OTCMKTS: HDALF) operates 1,300 hotpot restaurants across China. The Company is profitable again as over 300-loss-making restaurants have closed.

Originally founded in China’s Sichuan province in 1994, Haidilao International Holding (HKG: 6862 / FRA: 8HI / OTCMKTS: HDALF) now operates more than 1,300 hotpot restaurants across China. The restaurants offer a communal dining experience where patrons cook plates of meat and vegetables in a soup at the centre of their table.

Haidilao International retu…