---
title: "Tims China Announces Second Quarter 2024 Financial Results"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/212904416.md"
description: "Tims China reported its second quarter 2024 financial results, achieving its first-ever quarterly adjusted corporate EBITDA profitability of RMB4.1 million (USD0.6 million) amid a 10.9% revenue decline to RMB366.8 million (USD50.5 million). The adjusted store EBITDA surged by 81.7% to RMB33.2 million (USD4.6 million), with a record margin of 10.3%. The COO noted a focus on enhancing profitability through optimized store economics, closing underperforming locations, and strengthening the franchise network, which saw significant applications reaching over 3,600 by the end of June."
datetime: "2024-08-29T11:44:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/212904416.md)
  - [en](https://longbridge.com/en/news/212904416.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/212904416.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/212904416.md) | [English](https://longbridge.com/en/news/212904416.md)


# Tims China Announces Second Quarter 2024 Financial Results

Achieved First-ever Quarterly Adjusted Corporate EBITDA1 Profitability ...

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