Chunghwa Telecom’s Q3 Revenue Growth and Market Leadership

Chunghwa Telecom Co (CHT) has released an update.

Chunghwa Telecom reported a 3.6% increase in total revenue for the third quarter of 2024, reaching NT$ 55.61 billion, with notable growth in its Consumer and Enterprise Business Groups. Despite a decrease in operating income and net income, the company maintained its leading position in Taiwan’s mobile market and expanded its 5G services. Additionally, Chunghwa’s commitment to sustainability is evidenced by its verified Net-Zero targets and carbon footprint achievements.

For further insights into CHT stock, check out TipRanks’ Stock Analysis page.