TravelSky Technology: Considering Revenue Recovery And Higher Expenses (TSYHF)

News Snapshot:

baona/E+ via Getty Images Elevator Pitch My investment rating for TravelSky Technology Limited (OTCPK:TSYHF) (OTCPK:TSYHY) [696:HK] is a Hold. The company describes itself as a "dominant provider of information technology solutions for China's aviation and travel industry" on its investor relations website. I previously analyzed TravelSky's 1H 2020 performance and 2H 2020 prospects in my prior October 27, 2020 article. The focus of the current write-up is the company's FY 2023 earnings preview and its FY 2024 financial outlook. TravelSky's preliminary earnings estimate for the most recent fiscal year was below expectations. Looking forward, the prospects for the company are...