Trade TravelSky Technology Limited - 0696 CFD

Travelsky Technology Company profile

About TravelSky Technology Limited

TravelSky Technology Ltd is a China-based company that provides aviation information technology and relevant services. The Company's aviation information technology services mainly provide electronic travel distribution services, including inventory control system and computer reservation system services. Accounting, settlement and clearing services mainly provide settlement and clearing services and information system development and support services to airlines. The distribution of information technology services are mainly through the network to achieve direct links and high-level networking with commercial airlines in various regions of the world. Airport information technology services mainly include security facial recognition and identification authentication, face boarding projects etc. The Company also provides air freight logistics information technology services, public information technology services, system integration services and data network services.

Financial summary

BRIEF: For the six months ended 30 June 2021, TravelSky Technology Limited revenues increased 24% to RMB2.84B. Net income totaled RMB275.2M vs. loss of RMB323.2M. Revenues reflect Aviation information technology services segment increase of 48% to RMB1.48B, System integration services segment increase of 15% to RMB475.2M. Net Income reflects Losses from credit impairment decrease of 37% to RMB415.1M (expense).

Equity composition

05/2007, Scrip Issue, 1 new share for every 1 share held. 05/2011, Scrip Issue, 1 new share for every 2 shares held