- Chunghwa Telecom (CHT, Financial) reports a 4.3% increase in net income to NT$9.80 billion in Q1 2025.
- Mobile service revenue increased 3.1% year-over-year, driven by 5G migration.
- EBITDA margin improved to 40.37% from 39.74% in the same period of 2024.
Chunghwa Telecom (CHT) has reported robust financial results for the first quarter of 2025. Total revenue increased by 1.6% to NT$55.81 billion, while operating income rose by 5.0% to NT$12.52 billion. The company's net income for the period increased by 4.3% to NT$9.80 billion, translating to an earnings per share (EPS) of NT$1.26.
The telecom giant reinforced its market leadership in Taiwan, holding a substantial market share of 40.5% and maintaining the highest subscriber base at 39.1%. Mobile service revenue experienced a 3.1% year-over-year growth, fueled primarily by the ongoing 5G migration. Despite a 0.9% decline in the total number of mobile subscribers to 13.11 million, the post-paid Average Revenue Per User (ARPU) remained stable at NT$553.
Chunghwa's Enterprise ICT revenue surged by 11.6%, contributing to a healthier EBITDA, which grew by 3.2% to NT$22.53 billion. The EBITDA margin also saw an improvement, reaching 40.37%, up from 39.74% in the same quarter last year.
Despite challenges, including a 0.2% decrease in Consumer Business Group revenue and a 3.8% decline in income before tax for the Enterprise Business Group due to fixed voice service revenue erosion, Chunghwa is investing strategically. The company expanded its international footprint by opening new offices in Arizona and Texas and continued to push forward with its "Sea, Land, and Sky" initiative. This includes partnerships for satellite-5G integration and investments in the E2A trans-Pacific undersea cable.
In terms of liquidity, the company reported an 8.6% reduction in cash flow from operating activities and a 12.8% year-over-year decrease in cash and cash equivalents to NT$29.05 billion as of March 31, 2025.
Chunghwa Telecom's management remains confident in its strategic direction and market operations. The company is committed to leveraging its market position to drive further growth, while adapting to the evolving global economic landscape.
