China's Three Squirrels Shares Jump on Booming USD1.4 Billion Snacks Sales
Dou Shicong
/SOURCE : yicai
China's Three Squirrels Shares Jump on Booming USD1.4 Billion Snacks Sales

(Yicai Global) Dec. 3 -- Shares of China's Three Squirrels have rallied today after the nut and dried fruit retailer said that it has sold CNY10 billion (USD1.4 billion) worth of products this year, already over 40 percent more than what it did during the entire year of 2018.

Three Squirrels's [SHE:300783] stock price rose 6.4 percent to CNY57.31 (USD8.14) in the afternoon. Its market cap climbed to CNY22.1 billion.

Last year, the Anhui-based firm increased its revenue by more than one-quarter to CNY7 billion.

Editor: Emmi Laine 

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Keywords: Three Squirrels