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 NT$ 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 NT$ 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 NT$ 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 NT$ 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 NT$ 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 NT$ 3.71 billion, or 1.2% to 1.6%, to NT$ 232.74 to NT$ 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].
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Fourth Quarter and Full Year of 2024