Three Squirrels Inc. (300783.SZ) announced a forecasted increase, with an expected annual net profit of 4 billion to 4.2 billion yuan, representing a year-on-year growth of 81.99% to 91.09%.

Three Squirrels Inc. (300783.SZ) disclosed its performance forecast for the year 2024. The company expects a net profit attributable to shareholders of the listed company of 4 billion to 4.2 billion yuan, a year-on-year increase of 81.99% to 91.09%; and a net profit after deducting non-recurring gains and losses of 3 billion to 3.3 billion yuan, a year-on-year increase of 195.31% to 224.84%. The announcement shows that the company's sub-brand Xiaolu Lanlan, with the support of a new concept, achieved sales of nearly 1 billion yuan in 2024 and realized good profits. At the same time, the company accelerated the layout and incubation of new brands such as Chao Da Wan (convenient fast food), Dongfang Yanjiusheng (Chinese tonic), Qiao Ke Guo (chocolate), and Apron Auntie (pre-cooked meals), forming a preliminary multi-brand matrix layout.