TH International Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CNY 0.336479 million compared to CNY 0.224657 million a year ago. Net loss was CNY 0.174884 million compared to CNY 0.150616 million a year ago.

Basic loss per share from continuing operations was CNY 1.25 compared to CNY 1.21 a year ago. Diluted loss per share from continuing operations was CNY 1.25 compared to CNY 1.21 a year ago.