TH International Ltd., the parent company of Tims China, has reported its latest financial results. The company announced an adjusted net loss, which is calculated by excluding several expenses and changes in fair value from the net loss for continuing operations. This calculation reflects a percentage of the total revenues, known as the adjusted net loss margin. In its recent business developments, Tims China appointed Lars Huang, a popular singer-songwriter and influencer, as its official brand ambassador for the year. This partnership aims to enhance the brand's presence and introduce its products to a wider audience, particularly targeting Gen Z consumers. The financial release highlights the company's use of non-GAAP financial measures to provide a broader perspective on its performance. These measures are reconciled to the nearest U.S. GAAP performance measures for clearer evaluation. The report does not include specific figures or variations in sales, revenues, or earnings per share. The company's outlook or guidance is not specified in the release.