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Chunghwa Telecom Co ( (CHT) ) has provided an update.
Chunghwa Telecom reported its unaudited financial results for the fourth quarter and full year of 2024, showing significant revenue growth across its business segments. The Consumer Business Group saw increased revenues due to a rise in 5G and broadband subscriptions, while the Enterprise Business Group experienced robust growth in ICT services. Despite a slight decline in international revenues, Chunghwa Telecom maintained its leadership in Taiwan’s mobile market with significant 5G subscriber growth and notable advancements in broadband services. The company’s strategic initiatives and collaborations have positioned it well for future growth, as demonstrated by its continued achievements in sustainability and innovation.
More about Chunghwa Telecom Co
Chunghwa Telecom Co., Ltd. operates in the telecommunications industry, offering a range of services including mobile, fixed-line, and broadband services. The company has a strong market presence in Taiwan and focuses on expanding its 5G services and ICT solutions to maintain its leading position.
YTD Price Performance: 1.39%
Average Trading Volume: 108,903
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $29.25B
For an in-depth examination of CHT stock, go to TipRanks’ Stock Analysis page.
