Chunghwa Telecom Reports 9% Net Income Growth in Q4

Chunghwa Telecom's fourth-quarter net income rose 9%, signalling solid financial health. With a projected net income increase for 2025, this positive trend could influence investor sentiment.

Date: 23-01-2025

AI Rating: 7

Chunghwa Telecom Co., Ltd. has reported a strong performance for the fourth quarter, marked by a 9% increase in net income attributable to stockholders, rising to NT$9.00 billion from NT$8.26 billion the previous year. This positive outcome is significant for investors considering the company's stability and growth potential.

Earnings Per Share (EPS): Basic earnings per share reached NT$1.16, up from NT$1.06 last year. This increase is a positive indicator, reflecting the company's ability to generate higher profits for its shareholders.

Net Income: The net income figure of NT$9.00 billion showcases a solid growth trajectory. This growth in net income suggests that the company is effectively managing its operations and generating more profit.

Operating Income: There was an 11.5% increase in operating income, which stands at NT$11.65 billion. This surge may suggest operational efficiency and the company’s effective handling of expenses.

Revenue Growth: Total revenue for the fourth quarter increased by 5.6%, totaling NT$65.35 billion, compared to NT$61.87 billion year-over-year. An increase in revenue is a positive sign for investors regarding the company’s market position.

Looking ahead, Chunghwa Telecom has forecasted a net income for fiscal 2025 in the range of NT$35.84 billion to NT$37.39 billion and for earnings per share to be between NT$4.62 and NT$4.82. These projections, compared to an attributable net income of NT$37.21 billion in 2024, indicate prudent financial forecasting.

The anticipated revenue growth for fiscal 2025 of 1.2% to 1.6% also aligns with this overall positive outlook. With total expected revenue between NT$232.74 billion and NT$233.74 billion, it reflects solid growth despite a more conservative growth rate.

Stocks: CHT