Chunghwa Telecom Co., Ltd · TWSE:2412
Chunghwa Telecom — Q1 2025 Earnings Presentation
16 slides from Chunghwa Telecom's earnings presentation, May 8, 2025
Slide 1: 1Q 2025 Operating Results
1Q 2025 Operating Results May 8, 2025 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 OPERATION HIGHLIGHT Strong financial position to support global expansion ✓ Strong EPS YoY growth in 1Q25, demonstrating our solid operation performance ✓ Harnessing rapidly changing global landscape to seize opportunities in global market • A new office launched in Tex
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 + 0.31 bn (1.9％) ▲ 42% CHT’s Mobile revenue (Billion) 554 556 552 552 553 market share: 40.5% 20 600 500 15 400 10 300 16.64 16.73 16.75 16.88 16.95 200 CHT
Slide 6: Business Overview: Fixed Broadband Service
Business Overview Fixed Broadband Service ARPU YoY Growth for Higher-Speed Adoption Growth 22 Consecutive Quarters (a) Fixed Broadband Revenue YoY + 0.28bn / 2.5% 300M+ Subs YoY + 215k / 15.9% Fixed Broadband ARPU YoY + NT$16.5 / 2.1% (Billion) (Thousand) 781 790 786 793 798 4,397 4,406 4,419 4,428
Slide 7: Consumer Application Services
Consumer Application Services 1Q25 Highlights Multiple-Play Package IPTV/MOD + OTT Consumer Cybersecurity Performance Business Performance Subscriptions Fixed-Broadband + Mobile Subscriptions surge due to Consumer Cybersecurity + Wi-Fi Service package promotion of World Baseball Subscriptions + 20.7
Slide 8: Enterprise ICT Performance
Enterprise ICT Performance 1Q25 Highlights Enterprise ICT Revenue +12.9% YoY Seized network resilience opportunities by securing a network integration contract worth over NT$1 billion from a leading financial holding company in Taiwan The first company in Taiwan to be honored as AWS Premier Tier Ser
Slide 9: International Performance
International Performance 1Q25 Highlights International Subsidiaries Revenue +8.2% YoY Continuing to invest in international submarine cables, strengthening Taiwan's position U.S. Market highlight as an Asia-Pacific cable hub, • Observe rising business opportunities aligned with the growing Taiwanes
Slide 10: Business Groups: 1Q25 Financial Summary
Business Groups 1Q25 Financial Summary Consumer Business Group Enterprise Business Group International Business Group • CBG’s core business (mobile + • EBG’s ICT business demonstrated • Driven by clients’ global fixed-line) maintained strong robust and continuous +11.6% YoY expansion, IBG’s overseas
Slide 11: Financial Overview
Financial Overview © Chunghwa Telecom 11
Slide 12: Income Statement Highlights
Income Statement Highlights (NT$bn) Q1 2025 Q1 2024 Growth % Revenue 55.81 54.94 1.6 Operating Costs and Expenses 43.29 43.02 0.6 Other Income and Expenses2 - - - Income from Operations 12.52 11.92 5.0 Income before Tax 12.69 11.99 5.9 Net Income3 9.80 9.39 4.3 EPS 1.26 1.21 4.3 EBITDA4 22.53 21.83
Slide 13: Balance Sheet Highlights
Balance Sheet Highlights (NT$bn) 2025.03.31 2024.12.31 Growth % Total Assets 537.21 534.49 0.5 Cash & Cash Equivalents 29.05 36.26 -19.9 Other current monetary assets 36.77 23.41 57.1 Property, plant and equipment 286.59 289.84 -1.1 Others 184.80 184.98 -0.1 Total Liabilities 128.94 136.39 -5.5 Acco
Slide 14: Cash Flow Summary
Cash Flow Summary (NT$bn) Q1 2025 Q1 2024 Growth % Cash Flows from Operating Activities 12.91 14.13 -8.6% Capital Expenditures2 5.41 5.04 7.2% Mobile2 1.43 0.47 205.6% Non-Mobile2 3.98 4.57 -13.0% Free Cash Flow3 7.50 9.09 -17.4% Note: 1. Financials are prepared in accordance with T-IFRSs. Figures f
Slide 15: Operating Results vs. Forecasts
Operating Results vs. Forecasts Q1 2025 Q1 2025 Achieving 2025 Achieving (NT$bn) (A) （E） % (E) % Revenue 55.81 55.90~56.14 99.4~99.8 232.70~233.70 23.9~24.0 Income from 12.52 11.16~11.35 110.3~112.2 45.30~46.72 26.8~27.6 Operations Net Income2 9.80 8.81~8.99 108.9~111.2 35.84~37.39 26.2~27.3 EPS 1.2
Slide 16: Q&A
Q&A © Chunghwa Telecom 16