Chunghwa Telecom Co., Ltd · TWSE:2412

Chunghwa Telecom — Q2 2024 Earnings Presentation

19 slides from Chunghwa Telecom's earnings presentation, Aug 6, 2024

  1. Slide 1: 2Q 2024 Operating Results

    2Q 2024 Operating Results August 6, 2024 1 © Chunghwa Telecom

  2. 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

  3. Slide 3: CEO's Message

    CEO’s Message Maintain #1 position in the industry and continue to expand the lead ✓ Accomplish continuous market share expansion to drive overall performance ✓ Postpaid mobile ARPU achieves the highest YoY growth among peers for 6 quarters in a row ✓ Revenue hit a new peak for the same period since

  4. Slide 4: Business Overview

    Business Overview © Chunghwa Telecom 4

  5. Slide 5: Business Overview: Mobile Service

    Business Overview Mobile Service Mobile Revenue & Subs 090 Postpaid ARPU  2.0% YoY Market Share 13 Consecutive Quarters of Growth Monthly fee uplift Mobile service revenue(a) from 4G YoY ▲ 3.5％ ▲ 39% CHT’s Mobile revenue market share: 40.5% (Billion) 20 545 553 556 554 556 600 CHT 500 39.8% 15 400

  6. Slide 6: Business Overview: Fixed Broadband Service

    Business Overview Fixed Broadband Service ARPU YoY Growth for Higher-Speed Adoption Growth 19 Consecutive Quarters (a) Fixed Broadband Revenue YoY ▲ 4.4％ 300M+ Subs YoY ▲ 24% Fixed Broadband ARPU YoY ▲ 2.0％ (Million) (Thousand) 774 775 780 781 790 12,000 4,382 4,389 4,403 4,397 4,406 700 10,000 600

  7. Slide 7: Segment Reporting

    Segment Reporting © Chunghwa Telecom 7

  8. Slide 8: Consumer Business Group (CBG) 2Q24 Financial Summary

    Consumer Business Group (CBG) 2Q24 Financial Summary Income before tax decreased NT$0.13 billion, or  1.6 % YoY Revenue Mobile service revenue of CBG +3.8% YoY due to 5G migration as well as continued growth of +2.6% YoY postpaid subscribers (Billion) 32.76 33.60 35 0.61 0.61 30 8.02 Fixed broadban

  9. Slide 9: Consumer Business Group (CBG) 2Q24 Highlights

    Consumer Business Group (CBG) 2Q24 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 pre-promotion of 2024 Paris Subscriptions + 15.3

  10. Slide 10: Enterprise Business Group (EBG) 2Q24 Financial Summary

    Enterprise Business Group (EBG) 2Q24 Financial Summary Income before tax decreased NT$0.33 billion, or  9.6% YoY EBG revenue -3.7% YoY due to the Revenue higher base from large ICT project revenue recognized in 2Q23 despite -3.7% YoY IDC and cybersecurity revenues increased in 2Q24 (Billion) 20 17.

  11. Slide 11: Enterprise Business Group (EBG) 2Q24 Highlights

    Enterprise Business Group (EBG) 2Q24 Highlights Emerging Enterprise Application Our designated racks in high- Revenue 5.9% YoY  rated Banqiao IDC leased at a premium price for financial industry clients, sold out soon Achieved 10-quarter after launch, significantly consecutive YoY growth boosting I

  12. Slide 12: International Business Group (IBG) 2Q24 Financial Summary

    International Business Group (IBG) 2Q24 Financial Summary Income before tax increased NT$0.05 billion, or  8.2% YoY Revenue IBG revenue +21.8% YoY mainly due to overseas ICT business (a) growth driven by clients’ global (Billion) +21.8% YoY expansion in Japan 2.64 2.7 2.17 0.25 Continued to expand

  13. Slide 13: Financial Overview

    Financial Overview © Chunghwa Telecom 13

  14. Slide 14: Income Statement Highlights

    Income Statement Highlights (NT$bn) Q2 2023 Q2 2024 Growth % H1 2023 H1 2024 Growth % Revenue 53.46 54.12 1.2 107.67 109.06 1.3 Operating Costs and Expenses 41.20 42.19 2.4 83.24 85.21 2.4 Other Income and Expenses2 - - - - - - Income from Operations 12.26 11.93 -2.7 24.43 23.85 -2.4 Income before T

  15. Slide 15: Balance Sheet Highlights

    Balance Sheet Highlights 2024.06.30 Growth % Growth % (NT$bn) 2023.06.30 2023.12.31 (vs 2023.12.31) (vs 2023.06.30) Total Assets 533.03 523.94 2.4 536.47 0.7 Current Assets 117.07 103.20 19.1 122.89 5.0 Property, plant and equipment 287.49 292.34 -2.5 284.97 -0.9 Total Liabilities 156.27 129.04 23.4

  16. Slide 16: Cash Flow Summary

    Cash Flow Summary (NT$bn) H1 2023 H1 2024 Growth % Cash Flows from Operating Activities 28.47 29.32 3.0% Capital Expenditures2 11.77 10.27 -12.8% Mobile2 3.97 1.94 -51.1% Non-Mobile2 7.81 8.33 6.7% Free Cash Flow3 16.70 19.05 14.1% Note: 1. Financials are prepared in accordance with T-IFRSs. Figures

  17. Slide 17: Operating Results vs. Forecasts

    Operating Results vs. Forecasts Q2 2024 Q2 2024 Achieving H1 2024 H1 2024 Achieving (NT$bn) (A) （E） % (A) (E) % Revenue 54.12 53.96~54.29 99.7~100.3 109.06 109.14~109.78 99.3~99.9 Operating Costs 42.19 42.71~42.91 98.3~98.8 85.21 86.57~86.96 98.0~98.4 and Expenses Income from 11.93 11.25~11.38 104.8

  18. Slide 18: Awards and ESG Recognitions

    Awards and ESG Recognitions Passed the validation of the Net-Zero targets by SBTi and published the inaugural TNFD English report as the first Taiwanese telco ✓ Set a long-term target to reduce GHG emissions of scope 1 and 2 by 95% by 2040 from a 2020 base year ✓ The first Taiwanese telco to publish

  19. Slide 19: Q&A

    Q&A © Chunghwa Telecom 19

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