From Haidilao to Oriental Kopi: How some of Asia’s favourite F&B players are faring in 2026
Haidilao's Hong Kong-listed entity saw 7.9% revenue growth and 0.5% net profit increase in H1 2026, while its Nasdaq-listed international arm reported 10% revenue growth in Q2 2026 but a net loss due to FX losses. Oriental Kopi reported 34.2% revenue growth in Q3 2026 but a 5.3% profit decline. Yum China's Q2 2026 revenue rose 13% and operating profit increased 14%. Japan Foods narrowed its net loss for FY2026 but revenue declined 16.7%. Tung Lok Group's FY2026 performance was not detailed in th
How this was made
The 30-second read
Why it matters
Earnings releases show mixed performance: strong growth for Yum China and Haidilao delivery, but margin and FX challenges for Super Hi and Japan Foods.
Market read
Provides fresh earnings data for several Asian F&B players, useful for sector allocation and short‑term trading decisions.
What to watch
Potential regulatory changes on food safety and labor costs could affect future profitability.
Background
The article surveys recent earnings and operational updates of major Asian dining groups, reflecting a shifting consumer environment.
Ticker impact
Yum China reported Q2 2026 revenue up 13% YoY to $3.1B, operating profit up 14% to $348M, and added 560 net new stores.
Likely support for price gains; investors may add on earnings beat.
Strong top‑line, profit growth and expansion signal continued momentum.
Market effects
Highlights resilience and challenges in Asian F&B sector amid inflation and consumer caution.
May influence investor sentiment toward Singapore and Hong Kong listed restaurant stocks.
Provides a snapshot of consumer‑spending trends in Asia, relevant for global consumer discretionary exposure.
Counterpoint
Despite earnings beats, high valuation multiples could limit upside; focus on margin pressure and FX risk.
Key entities
- companyHaidilao International
Hong Kong‑listed hotpot chain operator.
- companySuper Hi International
Nasdaq‑listed international arm of Haidilao.
- companyOriental Kopi
Malaysian coffee and bakery chain listed on ACE Market.
- companyYum China
US‑listed Chinese fast‑food operator.
- companyJapan Foods
Singapore‑listed ramen and Japanese cuisine chain.
