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TravelSky Technology ( (HK:0696) ) has shared an update.
TravelSky Technology Limited has issued a profit warning for the year 2024, expecting a significant increase in net profit of at least 41.4% compared to the previous year. This anticipated growth is largely due to a rise in revenue from its aviation information technology services and system integration services, driven by the resumption and expansion of China’s civil aviation industry and airport construction projects. The company is in the process of finalizing its financial results, which may be subject to adjustments, and advises investors to exercise caution.
More about TravelSky Technology
TravelSky Technology Limited is a company based in the People’s Republic of China that operates in the aviation information technology industry. The firm provides a range of services including aviation information technology services, accounting, settlement and clearing services, and data network services, with a focus on supporting China’s civil aviation industry.
YTD Price Performance: -8.96%
Average Trading Volume: 28,518
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.62B
Find detailed analytics on 0696 stock on TipRanks’ Stock Analysis page.
