Big brother is back! Chunghwa Telecom returns to EPS king in September

Jian Zhicheng, Chairman of Chunghwa Telecom.

[Reporter Wang Yihong/Taipei Report] Chunghwa Telecom's self-consolidated revenue in September was 24.4 billion yuan, with net profit after tax of 4.44 billion yuan, and earnings per share (EPS) reaching 0.57 yuan, beating Taiwan's largest company of 0.48 yuan, regaining the top single-month profit among the three telecom giants. The cumulative operating income from January to September reached 188.95 billion yuan, the net profit after tax was 32.97 billion yuan, and the earnings per share was 4.25 yuan. It was only 0.01 yuan away from Taiwan's cumulative EPS of 4.26 yuan from January to September, entering a hand-to-hand battle.

Chunghwa Telecom pointed out that the overall consolidated revenue in September increased by 20.9% compared with the same period last year, setting a new high in the same period in the past. This was mainly due to the one-time asset activation benefits, the growth momentum of the information and communication business, and the steady growth of the core telecom business. In addition, due to the launch of the new iPhone 18, the number of mobile customers and ARPU increased, mobile phone and 3C sales revenue increased, and the subsidiaries benefited from the growth in AI demand. The revenue from sales also significantly boosted the group's consolidated revenue in September to achieve another good result.

Chunghwa Telecom's information and communications revenue in September increased by 24.9% compared with the same period last year, mainly due to the continued expansion of demand for IDC, cloud services and information security equipment construction by financial services and regulatory authorities, driving the rapid growth of IDC, cloud and information security-related revenue; the completion and delivery of the Taiwanese factory construction project of the overseas subsidiary further boosted the revenue of information and communications projects, reflecting the increasing demand for digital transformation and AI applications from domestic and overseas enterprises, and will continue to drive the growth of Chunghwa Telecom Group.

Chunghwa Telecom pointed out that its core telecommunications business continued to maintain steady growth. The mobile business benefited from the continued sales of 5G speed-up plans, steady growth in the number of customers, and the increase in roaming demand compared with the same period last year, driving mobile service revenue in September to an annual increase of 3.2%. The fixed-line broadband business has increased demand for high-speed bandwidth driven by AI and digital applications. In September, the number of high-speed broadband users above 300Mbps increased by 14.4% year-on-year, driving fixed-line broadband revenue to increase by 3.0% year-on-year. It is worth mentioning that the number of high-speed users above 1Gbps increased by more than 60% compared with the same period last year, demonstrating the strong market demand for high-speed broadband services. Chunghwa Telecom will continue to build a solid network foundation for AI applications and digital transformation.