Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the First Quarter of 2025

Core Viewpoint - Chunghwa Telecom reported strong financial performance in Q1 2025, with notable growth in EPS and net income, driven by robust operations and a leading market position despite macroeconomic challenges [2][4]. Financial Highlights - Total revenues for Q1 2025 increased by 1.6% to NT$ 55.81 billion [4][6]. - Operating income rose by 5.0% to NT$ 12.52 billion, with an operating margin of 22.4% compared to 21.7% in Q1 2024 [10]. - Net income attributable to stockholders increased by 4.3% to NT$ 9.80 billion, with basic EPS at NT$ 1.26 [10][6]. - EBITDA for Q1 2025 was NT$ 22.53 billion, up 3.2% year-over-year, with an EBITDA margin of 40.37% [11][10]. Business Segment Performance - Consumer Business Group revenue decreased by 0.2% to NT$ 34.57 billion, while mobile service revenue increased by 3.1% due to 5G migration and rising postpaid subscribers [5][6]. - Enterprise Business Group revenue grew by 2.3% to NT$ 17.34 billion, driven by an 11.6% increase in ICT revenue [6][8]. - International Business Group revenue increased by 0.9% to NT$ 2.44 billion, with a 1.6% rise in income before tax attributed to growth in overseas subsidiaries [8][6]. Operational Developments - The company expanded its market share in Taiwan's mobile market to 40.5%, with a subscriber share of 39.1% [2]. - The number of mobile subscribers as of March 31, 2025, was 13.11 million, reflecting a 0.9% year-over-year decrease [12]. - Fixed broadband revenue grew by 2.5% year-over-year to NT$ 11.46 billion, with ARPU increasing by 2.1% to NT$ 798 [13]. Strategic Initiatives - Chunghwa Telecom launched a strategic partnership with Astranis for a dedicated Micro GEO satellite and invested in the E2A trans-Pacific undersea cable [3]. - The company is actively pursuing growth opportunities in international markets, particularly in Singapore, Vietnam, and Thailand [2].