TH International Limited manages Tim Hortons coffee establishments across mainland China, Hong Kong, and Macau. By September 28, 2022, the company had expanded its network to include roughly 460 coffee shops throughout the People's Republic of China. This enterprise was founded in 2018, with its corporate headquarters located in Shanghai, People's Republic of China, operating as a division of Tim Hortons Inc.
Tims China Announces Second Quarter 2026 Financial Results
Tims China reported Q2 2026 revenue of RMB273.4 million ($40.3 million), down 21.7% year-over-year, with a net loss of RMB97.4 million ($14.4 million) widening from the prior year.
Operational performance was impacted by proactive store closures and a 17.3% decline in same-store sales for company-owned stores, causing store contribution margin to halve to 5.7%.
To support operations, the company closed a $15.8 million tranche of convertible notes from brand owner THRI and launched a joint membership campaign with China Southern Airlines.