Tims china announces third quarter 2023 financial results

Record- high quarterly revenue of rmb436.4 million represents 42.7% year-over-year growth record-high adjusted store ebitda margin of 7.5% shanghai, china and new york, nov. 15, 2023 (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 third quarter 2023. third quarter 2023 highlights total revenues reached a quarterly record of rmb436.4 million (usd59.8 million), representing a 42.7% increase from the same quarter of 2022.
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