Chunghwa Telecom Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	240,294	236,114	229,968	223,199	216,739	210,478
Revenue Growth (YoY)	4.10%	2.67%	3.03%	2.98%	2.97%	1.38%
Cost of Revenue	152,181	149,145	146,583	141,767	136,717	135,111
Gross Profit	88,114	86,969	83,385	81,433	80,022	75,367
Selling, General & Admin	34,204	33,737	32,279	30,400	29,399	26,237
Research & Development	4,447	4,362	4,167	3,891	3,774	3,688
Operating Expenses	38,873	38,309	36,634	34,444	33,290	30,068
Operating Income	49,241	48,660	46,751	46,989	46,732	45,299
Interest Expense	-383.53	-370.37	-339.34	-319.16	-263	-218
Interest & Investment Income	1,172	1,185	1,021	784.72	406	249
Earnings From Equity Investments	8.12	63.93	154.19	243.37	442	421
Currency Exchange Gain (Loss)	38.76	5.95	-21.62	-116.12	-185	230
Other Non Operating Income (Expenses)	47.75	83.44	66.55	46.6	-7	451
EBT Excluding Unusual Items	50,124	49,628	47,632	47,628	47,125	46,432
Gain (Loss) on Sale of Investments	738.93	738.93	-	-	-14	4
Gain (Loss) on Sale of Assets	-27.37	-12.99	-17.35	-0.57	-5	-3
Asset Writedown	-83.87	-83.87	139.2	-634.79	98	-366
Pretax Income	50,751	50,270	47,754	46,993	47,204	46,067
Income Tax Expense	9,822	9,753	9,216	9,002	9,335	9,020
Earnings From Continuing Operations	40,929	40,517	38,538	37,991	37,869	37,047
Minority Interest in Earnings	-1,906	-1,805	-1,317	-1,074	-1,511	-1,431
Net Income	39,023	38,712	37,220	36,917	36,358	35,616
Net Income to Common	39,023	38,712	37,220	36,917	36,358	35,616
Net Income Growth	3.71%	4.01%	0.82%	1.54%	2.08%	6.62%
Shares Outstanding (Basic)	7,757	7,757	7,757	7,757	7,757	7,757
Shares Outstanding (Diluted)	7,776	7,776	7,775	7,766	7,765	7,765
Shares Change (YoY)	0.01%	0.01%	0.12%	0.01%	-	0.01%
EPS (Basic)	5.03	4.99	4.80	4.76	4.69	4.59
EPS (Diluted)	5.02	4.98	4.79	4.75	4.68	4.59
EPS Growth	3.69%	3.99%	0.71%	1.53%	2.08%	6.61%
Free Cash Flow	48,758	49,748	50,489	43,818	44,416	39,525
Free Cash Flow Per Share	6.27	6.40	6.49	5.64	5.72	5.09
Dividend Per Share	5.200	5.200	5.000	4.758	4.702	4.608
Dividend Growth	4.00%	4.00%	5.09%	1.19%	2.04%	7.01%
Gross Margin	36.67%	36.83%	36.26%	36.48%	36.92%	35.81%
Operating Margin	20.49%	20.61%	20.33%	21.05%	21.56%	21.52%
Profit Margin	16.24%	16.40%	16.18%	16.54%	16.78%	16.92%
Free Cash Flow Margin	20.29%	21.07%	21.95%	19.63%	20.49%	18.78%
EBITDA	85,078	84,303	81,923	82,296	81,869	79,374
EBITDA Margin	35.41%	35.70%	35.62%	36.87%	37.77%	37.71%
D&A For EBITDA	35,838	35,643	35,172	35,307	35,137	34,075
EBIT	49,241	48,660	46,751	46,989	46,732	45,299
EBIT Margin	20.49%	20.61%	20.33%	21.05%	21.56%	21.52%
Effective Tax Rate	19.35%	19.40%	19.30%	19.16%	19.78%	19.58%

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