Taiwan · Delayed Price · Currency is TWD Chunghwa Telecom Earnings Call Transcripts
Fiscal Year 2025
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2025 delivered record revenue, net income, and EPS, all exceeding guidance, with strong telecom and ICT growth. 2026 guidance projects continued revenue and EPS growth, with increased investment in submarine cables, IDC, and satellite, and a focus on digital resilience.
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Q3 2025 saw record revenue and EPS, with all major metrics exceeding guidance, driven by strong ICT and core telecom growth. International expansion, AI initiatives, and ESG financing further strengthened performance, while liquidity and leverage remained robust.
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Q2 2025 revenue, operating income, net income, and EPS all exceeded forecasts, with revenue reaching a 10-year high, driven by strong core and ICT business growth. Mobile and broadband segments expanded, while enterprise ICT surged 27% year-over-year.
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Q1 2025 saw net income and EPS rise 4.3% year-over-year, with revenue up 1.6% and strong growth in mobile, broadband, and ICT segments. Market leadership was maintained, and international expansion and network investments continued, while free cash flow declined due to higher CapEx.
Fiscal Year 2024
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2024 saw record revenue and EPS, with strong growth in ICT, 5G, and broadband segments. 2025 guidance anticipates continued revenue and EPS growth, with increased CAPEX focused on AI, data centers, and submarine cables, while maintaining a stable dividend policy.
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Q3 2024 set a seven-year revenue record, driven by ICT and mobile growth, despite slight profit declines from higher costs and one-time expenses. 5G leadership, robust broadband, and international expansion supported strong segment performance and outperformance of guidance.
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Q2 2024 saw record-high revenue, continued mobile and broadband growth, and robust ICT and video platform performance. Profitability was impacted by higher costs, but free cash flow and EBITDA margin remained strong. ESG achievements and new AI/data center initiatives were highlighted.