CICC maintains Buy Rating on TravelSky Technology (TSYHF)

THE NEWS: CICC’s analyst kept a Buy rating on TravelSky Technology and set a price target of HK$11.00 per share, while the company reported quarterly revenue of HK$4.87 billion and net profit of HK$893.91 million for the quarter ended 31 December.

DETAILS:

• The analyst consensus rates TravelSky Technology as a Moderate Buy with an average price target of HK$10.11.
• Last year’s comparable quarter generated revenue of HK$4.78 billion, a modest increase year‑on‑year.
• Net profit in the prior-year quarter was HK$707.05 million, indicating a rise of about HK$186.86 million.
• The current quarter’s net profit of HK$893.91 million exceeds the prior‑year quarter’s profit of HK$707.05 million, showing an increase of HK$186.86 million. Revenue also grew from HK$4.78 billion to HK$4.87 billion year‑on‑year, indicating steady top‑line improvement. This profit growth reflects improved operating performance and contributes to the analyst’s confidence in the stock’s future upside.

FAQ
How much did CICC set as the price target for TravelSky Technology?
CICC’s analyst kept a Buy rating on TravelSky Technology and set a price target of HK$11.00 per share. The recommendation follows the firm’s latest earnings release and reflects CICC’s view that the stock offers upside potential relative to current market pricing.

What were TravelSky Technology’s revenue and net profit for the quarter ended 31 December?
For the quarter ended 31 December, TravelSky Technology reported revenue of HK$4.87 billion and net profit of HK$893.91 million. These results represent a modest rise from the same quarter a year earlier, when the company generated HK$4.78 billion in revenue and HK$707.05 million in profit.

How does the current quarter’s profit compare with the same period last year?
The current quarter’s net profit of HK$893.91 million exceeds the prior‑year quarter’s profit of HK$707.05 million, showing an increase of HK$186.86 million. Revenue also grew from HK$4.78 billion to HK$4.87 billion year‑on‑year, indicating steady top‑line improvement. This profit growth reflects improved operating performance and contributes to the analyst’s confidence in the stock’s future upside.

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