In its February 14, 2025, release TravelSky Technology projected net profit of at least RMB2.05bn for 2024, a 41.4% y/y increase from RMB1.45bn. This growth is attributed to strong performance in aviation information technology, accounting, settlement and clearing, data network, and system integration services. Preliminary results reflect robust business expansion and improved profitability, with final audited figures, including potential impairments, to be disclosed by March 2025. The market was very pleased by this, with its shares rising over 14% the next day.
Founded in 1971 and headquartered in Beijing, China, TravelSky Technology Limited is a leading provider of aviation and travel information technology solutions. Specializing in the development and operation of mission-critical systems for airlines, airports, and travel agencies, the company plays a pivotal role in China’s civil aviation industry. TravelSky offers a wide range of services,…
