TH International Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CNY 362.63 million compared to CNY 164.53 million a year ago. Revenue was CNY 411.71 million compared to CNY 179.21 million a year ago. Net loss was CNY 228.68 million compared to CNY 173.78 million a year ago. Basic loss per share from continuing operations was CNY 1.5 compared to CNY 1.4 a year ago. Diluted loss per share from continuing operations was CNY 1.5 compared to CNY 1.4 a year ago.
For the six months, sales was CNY 673.08 million compared to CNY 375.58 million a year ago. Revenue was CNY 748.19 million compared to CNY 403.86 million a year ago. Net loss was CNY 403.56 million compared to CNY 324.4 million a year ago. Basic loss per share from continuing operations was CNY 2.76 compared to CNY 2.61 a year ago. Diluted loss per share from continuing operations was CNY 2.76 compared to CNY 2.61 a year ago.