Chunghwa Telecom ( (CHT) ) has released its Q4 earnings. Here is a breakdown of the information Chunghwa Telecom presented to its investors.
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Chunghwa Telecom Co., Ltd. is Taiwan’s largest integrated telecommunications company, offering a wide range of services including fixed-line, mobile, broadband, internet, and innovative technology solutions such as IoT and AI, with a strong focus on sustainability practices.
In its latest earnings report for the fourth quarter and full year of 2024, Chunghwa Telecom reported solid financial performance, highlighted by a 5.6% increase in quarterly revenue and a 3.1% rise in full-year revenue. The company achieved a seven-year high in full-year revenue and surpassed the high-end of its profitability guidance.
Key financial metrics for the fourth quarter included a notable 10.2% increase in revenue from the Enterprise Business Group and a 5.9% rise in EBITDA. The Consumer Business Group also experienced growth, driven by increased subscriptions to multiple-play packages and video services. Despite a slight dip in International Business Group revenue, overall net income rose by 9.0% for the quarter.
Looking ahead, Chunghwa Telecom is optimistic about maintaining its leading position in the industry. The company plans to expand its AI internet data center and invest in 5G deployment, while continuing its commitment to sustainability and ESG initiatives. The outlook for 2025 suggests a modest revenue increase, with anticipated challenges in operating income and net income.
