Kweichow Moutai sees sales revenue jump in first three quarters

China's top alcohol brand Kweichow Moutai saw its sales revenue jump by 16.64 percent year-on-year in the first three quarters of this year, according to the company.

Its sales revenue during the period reached more than 60.93 billion yuan ($8.6 billion), with net profit exceeding 30.45 billion yuan, up 23.13 percent year-on-year.

The company's share price reached 1,183.3 yuan on Thursday, pushing its market value to 1,486.49 billion yuan.