Chunghwa Telecom Co., Ltd. (TPE:2412)

Chunghwa Telecom Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	233,448	229,968	223,199	216,739	210,478	207,609
Revenue Growth (YoY)	3.95%	3.03%	2.98%	2.97%	1.38%	0.04%
Cost of Revenue	148,001	146,583	141,767	136,717	135,111	137,029
Gross Profit	85,447	83,385	81,433	80,022	75,367	70,580
Selling, General & Admin	32,980	32,279	30,400	29,399	26,237	25,919
Research & Development	4,350	4,167	3,891	3,774	3,688	3,850
Operating Expenses	37,487	36,634	34,444	33,290	30,068	29,814
Operating Income	47,960	46,751	46,989	46,732	45,299	40,766
Interest Expense	-354.42	-339.34	-319.16	-263	-218	-206.06
Interest & Investment Income	1,180	1,021	784.72	406	249	362.01
Earnings From Equity Investments	168.21	154.19	243.37	442	421	242.75
Currency Exchange Gain (Loss)	90.92	-21.62	-116.12	-185	230	-46.54
Other Non Operating Income (Expenses)	58.96	66.55	46.6	-7	451	101.15
EBT Excluding Unusual Items	49,105	47,632	47,628	47,125	46,432	41,220
Impairment of Goodwill	-	-	-	-	-	-9.3
Gain (Loss) on Sale of Investments	-	-	-	-14	4	15.95
Gain (Loss) on Sale of Assets	4.85	-17.35	-0.57	-5	-3	1,577
Asset Writedown	139.2	139.2	-634.79	98	-366	27.07
Pretax Income	49,249	47,754	46,993	47,204	46,067	42,831
Income Tax Expense	9,626	9,216	9,002	9,335	9,020	8,125
Earnings From Continuing Operations	39,623	38,538	37,991	37,869	37,047	34,706
Minority Interest in Earnings	-1,647	-1,317	-1,074	-1,511	-1,431	-1,299
Net Income	37,976	37,220	36,917	36,358	35,616	33,406
Net Income to Common	37,976	37,220	36,917	36,358	35,616	33,406
Net Income Growth	3.86%	0.82%	1.54%	2.08%	6.62%	1.39%
Shares Outstanding (Basic)	7,757	7,757	7,757	7,757	7,757	7,757
Shares Outstanding (Diluted)	7,775	7,775	7,766	7,765	7,765	7,765
Shares Change (YoY)	0.10%	0.12%	0.01%	-	0.01%	-0.01%
EPS (Basic)	4.90	4.80	4.76	4.69	4.59	4.31
EPS (Diluted)	4.88	4.79	4.75	4.68	4.59	4.30
EPS Growth	3.77%	0.71%	1.53%	2.08%	6.61%	1.39%
Free Cash Flow	49,302	50,489	43,818	44,416	39,525	50,945
Free Cash Flow Per Share	6.34	6.49	5.64	5.72	5.09	6.56
Dividend Per Share	5.000	5.000	4.758	4.702	4.608	4.306
Dividend Growth	5.09%	5.09%	1.19%	2.04%	7.01%	1.89%
Gross Margin	36.60%	36.26%	36.48%	36.92%	35.81%	34.00%
Operating Margin	20.54%	20.33%	21.05%	21.56%	21.52%	19.64%
Profit Margin	16.27%	16.18%	16.54%	16.78%	16.92%	16.09%
Free Cash Flow Margin	21.12%	21.95%	19.63%	20.49%	18.78%	24.54%
EBITDA	83,297	81,923	82,296	81,869	79,374	72,830
EBITDA Margin	35.68%	35.62%	36.87%	37.77%	37.71%	35.08%
D&A For EBITDA	35,336	35,172	35,307	35,137	34,075	32,064
EBIT	47,960	46,751	46,989	46,732	45,299	40,766
EBIT Margin	20.54%	20.33%	21.05%	21.56%	21.52%	19.64%
Effective Tax Rate	19.55%	19.30%	19.16%	19.78%	19.58%	18.97%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.