TH International Limited reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was CNY 341.53 million compared to CNY 272.51 million a year ago. Revenue was CNY 391.19 million compared to CNY 301.48 million a year ago.

Net loss was CNY 312.08 million compared to CNY 223.87 million a year ago. Basic loss per share from continuing operations was CNY 1.94 compared to CNY 1.61 a year ago.