Chunghwa Telecom Co., Ltd · TWSE:2412
Chunghwa Telecom — Q4 2024 Earnings Presentation
18 slides from Chunghwa Telecom's earnings presentation, Apr 9, 2025
Slide 1: 4Q 2024 Operating Results
4Q 2024 Operating Results Non-deal Roadshow April 9- April 14, 2025 San Francisco 1 © Chunghwa Telecom
Slide 2: Disclaimer
Disclaimer STATEMENT REGARDING UNAUDITED FINANCIAL INFORMATION The unaudited financial information under T-IFRSs in this presentation is preliminary and subject to adjustments and modifications. Adjustments and modifications to the financial statements may be identified during the course of the audi
Slide 3: Recent Strategic Achievements
Recent Strategic Achievements Full-year financial performance hit a seven-year high ✓ Operating income, income before tax, and EPS all exceeded the high-end of the full-year guidance ✓ Total revenue reached a seven-year peak ✓ Accumulated EPS achieved its 5th consecutive year of annual growth, hitti
Slide 4: Business Overview
Business Overview © Chunghwa Telecom 4
Slide 5: Business Overview: Mobile Service
Business Overview Mobile Service Mobile Revenue & Subs 090 Postpaid ARPU Market Share Monthly fee uplift from 4G Mobile service revenue(a) YoY + 0.28 bn (1.7％) ▲ 45% CHT’s Mobile revenue (Billion) 556 554 556 552 552 market share: 40.4% 20 600 500 15 400 10 300 16.59 16.64 16.73 16.75 16.88 200 CHT
Slide 6: Business Overview: Fixed Broadband Service
Business Overview Fixed Broadband Service ARPU YoY Growth for Higher-Speed Adoption Growth 21 Consecutive Quarters (a) ⚫ Fixed Broadband Revenue YoY + 0.33bn / 2.9% ⚫ 300M+ Subs YoY + 229k / 17.7% ⚫ Fixed Broadband ARPU YoY + NT$13.1 / 1.7% (Billion) (Thousand) 780 781 790 786 793 12 4,403 4,397 4,4
Slide 7: Segment Reporting
Segment Reporting © Chunghwa Telecom 7
Slide 8: Consumer Business Group (CBG) 4Q24 Financial Summary
Consumer Business Group (CBG) 4Q24 Financial Summary Income before tax increased NT$0.77 billion Mobile service revenue of CBG Revenue +3.0% YoY due to 5G migration as well as continued growth of YoY ▲ 0.79 bn (2.2%) postpaid subscribers (Billion) 36.54 37.33 40 0.81 0.90 Fixed broadband revenue 11.
Slide 9: Consumer Business Group (CBG) 4Q24 Highlights
Consumer Business Group (CBG) 4Q24 Highlights Multiple-Play Package IPTV + OTT Consumer Cybersecurity Performance Business Performance Subscriptions Fixed-Broadband + Mobile Subscription YoY +15.2% Consumer Cybersecurity + Wi-Fi Service package thanks to the popular Subscriptions + 22 % YoY subscrip
Slide 10: Enterprise Business Group (EBG) 4Q24 Financial Summary
Enterprise Business Group (EBG) 4Q24 Financial Summary Income before tax decreased NT$0.36billion EBG revenue increased by 2.22 Revenue billion (+10.2%) YoY mainly driven by the strong ICT business YoY ▲ 2.22 bn (10.2%) (Billion) Major growth drivers, such as IDC, 28 cloud, and cybersecurity service
Slide 11: Enterprise Business Group (EBG) 4Q24 Highlights
Enterprise Business Group (EBG) 4Q24 Highlights Emerging Enterprise Application Recurring revenue from our emerging Revenue 23% YoY enterprise applications +22% YoY, with all service offerings achieving positive growth Developed Taiwan’s first integrated 5G smart unmanned vehicle solution to be op
Slide 12: International Business Group (IBG) 4Q24 Financial Summary
International Business Group (IBG) 4Q24 Financial Summary Income before tax increased NT$0.02 billion Secured capacity at the under- Revenue construction IDC for a well-known global hyper-scaler to cater to IDC strong demand and ensure CHT’s YoY ▼0.06 bn (2.3%) (a) long-term stable revenue (Billion)
Slide 13: International Business Layout
International Business Layout Maintain double-digit growth in revenue New subsidiary in Europe (Germany) 14 Overseas Locations Chunghwa Telecom New Office Opening Europe GmbH(Germany) 1 Soon in Texas! Donghwa Telecom Co., Ltd. (HK) 32 Undersea Cables Chunghwa Telecom Viettel-CHT (VN) Global, Inc. (
Slide 14: Financial Overview
Financial Overview © Chunghwa Telecom 14
Slide 15: Financial Performance
Financial Performance Upward Trends of Revenue and Profits Strong Balance Sheet and Cash Flows (NT$ bn) 250 60% (NT$ bn) 223.2 230.03 210.48 216.74 60 28.0% 207.61 50% 50.95 50.35 200 50 44.42 43.82 38.53% 37.60% 40% 39.53 26.0% 37.91% 39.59% 40 150 39.80% 25.52% 30% 30 24.74% 24.66% 24.0% 100 83.33
Slide 16: Financial Forecasts for 2025
Financial Forecasts for 2025 Consolidated (NT$bn) 2025 (E) 2024 (A) Growth % Revenues 232.74~233.74 230.03 1.2~1.6 Operating Costs and Expenses 187.58~187.65 183.27 2.4~2.4 Income from Operations 45.30~46.72 46.88 (3.4)~(0.3) Net Income2 35.84~37.39 37.21 (3.7)~0.5 EPS 4.62~4.82 4.80 (3.8)~0.4 EBITD
Slide 17: Growth Opportunities
Growth Opportunities Commands the largest telco position in Taiwan and continuously widen our lead ✓ Have the largest subscription base positive for further growth Competitive ✓ Team up with the most strategic partners for ecosystems build-up Strengths ✓ Own the most talents with cutting-edged techn
Slide 18: Q&A
Q&A © Chunghwa Telecom 18