TravelSky Technology (696) H2 2025 earnings summary

Executive summary

• Total revenue for 2025 was RMB8,765.8 million, down 0.6% year-over-year, while net profit attributable to shareholders rose 12.9% to RMB2,341.6 million.

• Earnings per share increased to RMB0.80 from RMB0.71 in 2024.

• The Board proposed a final cash dividend of RMB0.276 per share for 2025.

• Business operations remained robust, with growth in core aviation information and intelligent product services, despite a decline in airport digitalization revenue.

Financial highlights

• Operating profit increased 12.7% year-over-year to RMB2,706.4 million.

• Net profit attributable to shareholders rose to RMB2,341.6 million, up from RMB2,074.3 million in 2024.

• Total operating expenses decreased by 1.9% to RMB6,333.1 million.

• Staff costs rose 4.9% to RMB2,612.3 million, representing 41.2% of total operating expenses.

• Cash and cash equivalents stood at RMB10,017.9 million at year-end.

Outlook and guidance

• 2026 will focus on reform, digital transformation, and expanding core business, with emphasis on technology breakthroughs, safety, lean management, and digital aviation information construction.

• The Group expects sufficient funding for daily operations in 2026 and no major financing plans.