Chunghwa Telecom Co., Ltd. Announces Earnings Results for the Month, Fourth Quarter and Year Ended December 2017
January 10, 2018 at 06:39 pm IST
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Chunghwa Telecom Co., Ltd. announced earnings results for the month, fourth quarter and year ended December 2017. For the year, the company announced its total revenue for 2017 was TWD 227.55 billion, a 1.1% decrease year-over-year. Operating income and pretax income were TWD 46.73 billion, decreasing by 2.9% year-over-year, and TWD 48.03 billion, decreasing by 2.7% year-over-year, respectively. Net income attributable to stockholders of the parent company was TWD 38.86 billion, a 3.0% decrease year-over-year. Accumulated EPS was TWD 5.01, higher than the guidance. In addition, the total revenue for 2017 reached 98.4% of the full year guidance of 2017, while operating income, pretax income and EPS all exceeded the guidance to 104.6%, 105.1% and 105.4% of the guidance respectively.
For the quarter, the consolidated revenue was TWD 60.92 billion, a 4.4% increase year-over-year. Operating income was TWD 10.46 billion, a 5.1% increase year-over-year, and pretax income was TWD 10.77 billion, a 10.7% increase year-over-year.
For the month, the consolidated revenue was TWD 21.93 billion, a 6.0% increase year-over-year. Operating income was TWD 2.89 billion, a 3.3% decrease year-over-year, and pretax income was TWD 3.15 billion, a 17.4% increase year-over-year. Additionally, net income attributable to stockholders of the parent company was TWD 2.45 billion, a 22.0% increase year-over-year, and EPS was TWD 0.32.
Chunghwa Telecom Co Ltd is a Taiwan-based company principally engaged in the provision of telecommunication services. The Company conducts domestic fixed communications, mobile communications, Internet and international fixed communications services. The Company provides domestic fixed communication services for the home market, including local and long-distance telephone smart networks. Domestic circuit rental services, including asymmetric digital subscriber line (ADSL) services, optical generation services. Internet and value-added services, including Internet service providers (ISP), value-added services. Multimedia On Demand (MOD) and Internet Protocol Television (IPTV) services, international fixed communication services. The Company provides enterprise customer integration services, mobile enterprise customer services, data enterprise customer services, among others.