TravelSky Technology (HKG:0696) expects to post a net profit of about 1.45 billion yuan for the six months ended June 30, up from 1.38 billion yuan a year earlier, according to an Aug. 8 Hong Kong bourse filing.
The growth was driven by steady gains in aviation information technology services and higher reversals of credit impairment losses. However, delays in airport system integration projects led to lower revenue from that segment, contributing to a year-on-year decline in total operating revenue.
Final results are due by the end of August.
Shares of the company were down over 1% in Monday's recent trade.
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