Tims China Q1 revenue down 14.6%, loss at RMB109m
Tims China (Nasdaq: THCH) reported unaudited Q1 2026 results with total revenues of RMB256.7 million, down 14.6% year-over-year, and system sales of RMB322.9 million, down 14.2%. Net loss widened to RMB109.3 million, while a definitive agreement for up to US$55 million in additional senior secured convertible notes was signed. Company…