Super Hi International Holding Ltd. provided earnings guidance for the year ended December 31, 2022. For the year, the company expected revenue of the Group to be no less than USD 558 million for the year ended December 31, 2022, representing an increase of approximately 78.6% as compared to the revenue of approximately USD 312.4 million for the year ended December 31, 2021, primarily attributable to (i) many countries having successively lifted the dining-in restrictions imposed in response to the COVID-19 pandemic, which has enabled the Group ' s restaurants to resume normal operation gradually, with a significant increase in guest visits and table turnover rate in 2022; and (ii) the further expansion of restaurant network as compared to 2021. The Group is expected to record a net loss of approximately USD 36 million to USD 45 million for the year ended December 31, 2022, representing a significant decrease as compared to the net loss of approximately USD 150.8 million for the year ended December 31, 2021.

The expected net loss is primarily due to: (i) the dining-in restrictions imposed in some countries in response to the COVID-19 pandemic during the period from January to April 2022; and (ii) the exchange losses, listing expenses, one-off losses from disposal of long-term assets, and impairment loss in 2022.