TravelSky Technology (HKG:696) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥8.82b (up 26% from FY 2023).
- Net income: CN¥2.07b (up 48% from FY 2023).
- Profit margin: 24% (up from 20% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥0.71 (up from CN¥0.48 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TravelSky Technology Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong.
Performance of the Hong Kong Hospitality industry.
The company's shares are up 1.8% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on TravelSky Technology's balance sheet.
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