TH International (THCH) - 2024 Q1 - Quarterly Report

Exhibit 99.1 Tims China Announces Fourth Quarter and Full Year 2023 Financial Results FOURTH QUARTER 2023 HIGHLIGHTS Total Revenues Increased 29.8% Year-over-Year for the Fourth Quarter, 55.9% Year-over-Year Growth for the Full Year 2023 149 Net New Store Openings During the Fourth Quarter, 912 System-Wide Stores at Year-End 2023 18.7 Million Registered Loyalty Members at Year-End, Representing 66.3% Year-over-Year Growth SHANGHAI and NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- TH International Limited (Na ...