Chunghwa Telecom Co., Ltd. (CHT)

Chunghwa Telecom Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	225,297	223,199	216,739	210,478	207,609
Other Revenue	4,729	-	-	-	-
Revenue	230,026	223,199	216,739	210,478	207,609
Revenue Growth (YoY)	3.06%	2.98%	2.97%	1.38%	0.04%
Cost of Revenue	146,618	141,767	136,717	135,111	137,029
Gross Profit	83,408	81,432	80,022	75,367	70,580
Selling, General & Admin	32,480	30,400	29,399	26,237	25,919
Research & Development	4,167	3,892	3,774	3,688	3,850
Other Operating Expenses	-122	-	-	-	-
Operating Expenses	36,525	34,444	33,290	30,068	29,814
Operating Income	46,883	46,988	46,732	45,299	40,766
Interest Expense	-	-319	-263	-218	-206.06
Interest & Investment Income	-	785	406	249	362.01
Earnings From Equity Investments	-	253	442	421	242.75
Currency Exchange Gain (Loss)	-	-116	-185	230	-46.54
Other Non Operating Income (Expenses)	877	46	-7	451	101.15
EBT Excluding Unusual Items	47,760	47,637	47,125	46,432	41,220
Impairment of Goodwill	-	-	-	-	-9.3
Gain (Loss) on Sale of Investments	-	6	-14	4	15.95
Gain (Loss) on Sale of Assets	-	-	-5	-3	1,577
Asset Writedown	-	-635	98	-366	27.07
Pretax Income	47,760	47,008	47,204	46,067	42,831
Income Tax Expense	9,213	8,947	9,335	9,020	8,125
Earnings From Continuing Operations	38,547	38,061	37,869	37,047	34,706
Minority Interest in Earnings	-1,332	-1,103	-1,511	-1,431	-1,299
Net Income	37,215	36,958	36,358	35,616	33,406
Net Income to Common	37,215	36,958	36,358	35,616	33,406
Net Income Growth	0.70%	1.65%	2.08%	6.62%	1.39%
Shares Outstanding (Basic)	7,753	7,757	7,757	7,757	7,757
Shares Outstanding (Diluted)	7,753	7,765	7,765	7,765	7,765
Shares Change (YoY)	-0.15%	-	-	0.01%	-0.01%
EPS (Basic)	4.80	4.76	4.69	4.59	4.31
EPS (Diluted)	4.80	4.76	4.68	4.59	4.30
EPS Growth	0.86%	1.66%	2.08%	6.61%	1.39%
Free Cash Flow	79,166	43,818	44,416	39,525	50,945
Free Cash Flow Per Share	10.21	5.64	5.72	5.09	6.56
Dividend Per Share	-	4.758	4.702	4.608	4.306
Dividend Growth	-	1.19%	2.04%	7.01%	1.89%
Gross Margin	36.26%	36.48%	36.92%	35.81%	34.00%
Operating Margin	20.38%	21.05%	21.56%	21.52%	19.64%
Profit Margin	16.18%	16.56%	16.78%	16.92%	16.09%
Free Cash Flow Margin	34.42%	19.63%	20.49%	18.78%	24.54%
EBITDA	82,027	82,295	81,869	79,374	72,830
EBITDA Margin	35.66%	36.87%	37.77%	37.71%	35.08%
D&A For EBITDA	35,144	35,307	35,137	34,075	32,064
EBIT	46,883	46,988	46,732	45,299	40,766
EBIT Margin	20.38%	21.05%	21.56%	21.52%	19.64%
Effective Tax Rate	19.29%	19.03%	19.78%	19.58%	18.97%
Revenue as Reported	230,026	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.