
Tim Hortons China posts net loss of $10.6m in Q2
Adjusted net loss per ordinary share was $0.17 (RMB1.21).
Tim Hortons China (Tims China) posted a net loss of $10.6m (RMB75.9m) for the quarter ending 30 June 2025 (Q2 2025).
Adjusted corporate EBITDA was $300,000 (RMB2.2m), whilst adjusted corporate EBITDA margin was 0.6%.
Revenue fell 4.9% to $48.7m (RMB349m), whilst system sales edged up 1.4% to $57.2m (RMB409.5m).
The chain recorded a net nine store closures, with 40 new made-to-order outlets offset by 49 closures, including 41 Tims Express locations.
Adjusted basic and diluted net loss per ordinary share was $0.17 (RMB1.21).