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Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Fourth Quarter and Full Year of 2024
CHTCHT(CHT) Prnewswire·2025-01-23 08:18

Core Viewpoint - Chunghwa Telecom reported strong financial performance in 2024, achieving a seven-year high in full-year revenue and exceeding profitability guidance, driven by growth in mobile and ICT services [3][4]. Financial Highlights - Total revenue for Q4 2024 increased by 5.6% to NT65.35billion[4][7].Fullyearrevenuefor2024roseby3.1 65.35 billion [4][7]. - Full-year revenue for 2024 rose by 3.1% to NT 230.03 billion [4][10]. - Operating income for Q4 2024 increased by 11.5% to NT11.65billion,withanoperatingmarginof17.83 11.65 billion, with an operating margin of 17.83% [12]. - Net income attributable to stockholders for Q4 2024 increased by 9.0% to NT 9.00 billion, with basic earnings per share (EPS) of NT1.16[12][19].EBITDAforQ42024wasNT 1.16 [12][19]. - EBITDA for Q4 2024 was NT 21.59 billion, up 5.9% year-over-year, with an EBITDA margin of 33.04% [15][19]. Business Segment Performance - Consumer Business Group revenue increased by 2.2% to NT37.33billion,drivenbymobileservicegrowthandfixedbroadbandupgrades[4][8].EnterpriseBusinessGrouprevenueroseby10.2 37.33 billion, driven by mobile service growth and fixed broadband upgrades [4][8]. - Enterprise Business Group revenue rose by 10.2% to NT 23.96 billion, with ICT business revenue growing by 24.1%, particularly in IDC, cloud, and cybersecurity services [4][9]. - International Business Group revenue decreased by 2.3% to NT2.50billion,primarilyduetoadeclineininternationalvoicerevenue[4][10].SubscriberMetricsAsofDecember31,2024,mobilesubscribersslightlydecreasedby0.1 2.50 billion, primarily due to a decline in international voice revenue [4][10]. Subscriber Metrics - As of December 31, 2024, mobile subscribers slightly decreased by 0.1% to 13.12 million, while mobile service revenue increased by 1.7% year-over-year [16]. - Fixed broadband subscribers increased by 0.6% to 4.43 million, with fixed broadband revenue growing by 2.9% year-over-year [17]. Future Guidance - For 2025, the company expects total revenue to increase by NT 2.71 to NT3.71billion,or1.2 3.71 billion, or 1.2% to 1.6%, to NT 232.74 to NT233.74billion[20][23].Operatingcostsandexpensesfor2025areprojectedtorisebyNT 233.74 billion [20][23]. - Operating costs and expenses for 2025 are projected to rise by NT 4.31 to NT$ 4.38 billion, or 2.4% [20][23].