Tims China Q4 FY25 net loss widens to RMB 227.2 million; revenue falls 7.3% to RMB 308.5 million

• Tims China posted a Q4 2025 net loss of RMB 227.2 million, widening from a year earlier.
• Revenue fell 7.3% to RMB 308.5 million.
• Adjusted corporate EBITDA loss narrowed to RMB 35.4 million from a year earlier.
• System sales rose 4% to RMB 359.4 million as Q4 net new store openings totaled 17, bringing system-wide stores to 1,047 at year-end.
• Management said 2025 was a transition year marked by made-to-order renovations at almost all stores and loyalty club members climbing 29% to 31 million, with no financial outlook provided.

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