TH International (THCH) - 2023 Q1 - Quarterly Report

Exhibit 99.1 Tims China Announces Fourth Quarter and Full Year 2022 Financial Results Total Revenues Increased 34.6% Year-over-Year for the Fourth Quarter and 57.2% Year-over-Year for the Full Year 2022 131 Net New Store Openings During the Fourth Quarter, 617 System-Wide Stores at Year-End 11.3 Million Registered Loyalty Club Members at Year-End, Representing 88.5% Year-over-Year Growth Adjusted Store EBITDA Margin Increased 0.6 Percentage Points to 4.7% Continued Recovery: 17.1% Same-store Sales Growth fo ...