TH International Reports Q2 2025 Earnings: CN¥2.32 Loss per Share, Revenue Down 4.9%

TH International reported Q2 2025 revenue of CN¥349.0m, down 4.9% from Q2 2024, and a net loss of CN¥75.5m, narrowed by 25% from Q2 2024. The company's CN¥2.32 loss per share improved from CN¥3.10 loss in Q2 2024. Despite this, the share price remains broadly unchanged.

TH International Limited (THCH) reported its second-quarter (Q2) 2025 financial results, showing a mixed performance. The company reported a revenue of CN¥349.0 million, down 4.9% year-over-year, and a net loss of CN¥75.5 million, which was a 25% improvement over the same period in 2024. The loss per share improved from CN¥3.10 to CN¥2.32 [1].

Key highlights from the Q2 2025 results include:

- Revenue: The company's total revenue decreased by 4.9% year-over-year to CN¥349.0 million. This decline was primarily attributed to a 12.5% year-over-year decrease in company-owned store revenues, as the company closed underperforming stores [1].
- Net Loss: The net loss narrowed by 25% to CN¥75.5 million. This improvement was driven by a 16.2% reduction in adjusted net losses during the quarter [1].
- Adjusted Corporate EBITDA: TH International achieved a positive adjusted corporate EBITDA of CN¥2.2 million, indicating improvements in operational efficiency and profitability [1].
- Loyalty Club Members: The company registered 26.2 million loyalty club members, a 22.4% year-over-year growth, reflecting strong customer engagement [1].
- Food Revenue: Food revenue increased by 8.6% year-over-year, contributing to 35.2% of total sales, the highest historical contribution [1].

Despite these mixed results, the share price of TH International remained broadly unchanged, reflecting the market's cautious stance on the company's performance.

References:
[1] https://finance.yahoo.com/news/th-international-ltd-thch-q2-070352582.html