Name | Value |
---|---|
Revenues | 366.8M |
Cost of Revenue | 242.5M |
Gross Profit | 124.4M |
Operating Expense | 172.6M |
Operating I/L | -54.7M |
Other Income/Expense | -41.3M |
Interest Income | 0.3M |
Pretax | -98.4M |
Income Tax Expense | 1.1M |
Net Income/Loss | -47.6M |
TH International Limited, a subsidiary of Tim Hortons Inc., operates a chain of coffee shops in mainland China, Hong Kong, and Macau. With approximately 460 coffee shops as of September 28, 2022, the company generates revenue through the sale of coffee, baked goods, and other food and beverage items. Its business model revolves around providing a convenient and enjoyable coffee shop experience to customers, leveraging the popularity of the Tim Hortons brand and its menu offerings to drive sales and profitability.