---
title: "Brief News: Cost control is appropriate, China's civil aviation information revenue declines while profits rise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280745206.md"
description: "The report from China Civil Aviation Information Network Co., Ltd. shows that last year's revenue fell by 0.6% to 8.77 billion yuan, but due to a decrease in operating expenses, profit rose by 12.9% to 2.34 billion yuan. Revenue from core aviation information platform services increased by 2% to 4.62 billion yuan, accounting for more than half of total revenue. Revenue from smart travel products and services grew, accounting for 13% of total revenue; revenue from settlement and clearing services also increased. Revenue from airport digital services declined by 21%, impacting overall growth. Operating expenses decreased by 1.9% year-on-year to 6.33 billion yuan. After the financial report was released, the stock price fell by 5.1% to HKD 10.02, a cumulative decline of about 10% over the past 52 weeks"
datetime: "2026-03-27T07:30:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280745206.md)
  - [en](https://longbridge.com/en/news/280745206.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280745206.md)
---

# Brief News: Cost control is appropriate, China's civil aviation information revenue declines while profits rise

Aviation industry information provider **TRAVELSKY TECH** (0696.HK) reported on Friday that last year's revenue fell by 0.6% to 8.77 billion yuan, but profit rose by 12.9% to 2.34 billion yuan due to lower operating expenses.

The core aviation information platform service revenue of TRAVELSKY TECH increased by 2% to 4.62 billion yuan last year, accounting for just over half of total revenue. The company's travel intelligence products and services revenue grew year-on-year, with this business accounting for 13% of total revenue last year; additionally, settlement and clearing service revenue, which accounted for about 10% during the period, also increased. However, its second-largest revenue source, airport digital services, which accounted for 17%, saw a 21% decline, offsetting growth in other businesses. As for the company's total operating expenses for the year, they decreased by 1.9% year-on-year to 6.33 billion yuan.

The stock price of TRAVELSKY TECH fell by 5.1% to HKD 10.02 on Friday afternoon following the earnings report, with the company having declined by about 10% over the past 52 weeks.

_Yang Ge_

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