Tims china announces first quarter 2024 financial results

Resilient total revenues increased 3.1% year over year for the first quarter 2024 system sales increased 7.1% year-over-year for the first quarter 2024 continuous margin improvement with seven consecutive positive quarterly adjusted store ebitda 20.3 million registered loyalty club members at quarter-end, representing 63.6% year-over-year growth shanghai and new york, june 05, 2024 (globe newswire) -- th international limited (nasdaq: thch), the exclusive operator of tim hortons coffee shops and popeyes restaurants in china (“tims china” or the “company”) today announced its unaudited financial results for the first quarter 2024. first quarter 2024 highlights total revenues reached rmb346.8 million (usd48.0 million), representing a 3.1% increase from the same quarter of 2023.
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