Chunghwa Telecom Co., Ltd · TWSE:2412

Chunghwa Telecom — Q2 2023 Earnings Presentation

19 slides from Chunghwa Telecom's earnings presentation, Aug 8, 2023

  1. Slide 1: 2Q 2023 Operating Results

    2Q 2023 Operating Results August 8, 2023 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: Business Overview

    Business Overview © Chunghwa Telecom 3

  4. Slide 4: Mission, Value Statements, and Vision

    Mission, Value Statements, and Vision Mission Leverage our four assets, referring to customers and partners, tech platforms, infrastructures and talents, to forge digital enabler ecosystems, empowering individuals, families, governments, enterprise customers, global clients and strategic partners to

  5. Slide 5: Business Overview: Mobile Service

    Business Overview Mobile Service Mobile Revenue & Subs 090 Postpaid ARPU  4% YoY Market Share 9 Consecutive Quarters of Growth +2.9% Monthly fee uplift Mobile service revenue from 4G Mobile Revenue CHT’s Mobile revenue YoY ▲ 6.4％ Market Share exceeded subs market share: 39.9% ▲ 44% market share by

  6. Slide 6: Business Overview: Fixed Broadband Service

    Business Overview Fixed Broadband Service ARPU YoY Growth for Higher-Speed Adoption Growth 15 Consecutive Quarters (a) Fixed Broadband Revenue YoY ▲ 3％ 300M+ Subs YoY ▲ 54.3% Fixed Broadband ARPU YoY ▲ 1.1％ (Million) (Thousand) 760 765 767 771 766 774 4,354 4,368 4,384 4,386 4,381 4,382 12,000 700 1

  7. Slide 7: Segment Reporting

    Segment Reporting © Chunghwa Telecom 7

  8. Slide 8: Consumer Business Group (CBG) 2Q23 Financial Summary

    Consumer Business Group (CBG) 2Q23 Financial Summary Income before tax grew NT$0.74 billion, or  10.4% YoY Mobile service revenue of CBG Revenue +6.4% YoY due to continued growth of 5G migration, postpaid subs and roaming recovering +3.9% YoY from COVID19 (Billion) 31.52 32.76 35 0.49 0.60 Fixed br

  9. Slide 9: Consumer Business Group (CBG) 2Q23 Highlights

    Consumer Business Group (CBG) 2Q23 Highlights Multiple-Play Package Home Wi-Fi IPTV/MOD + OTT Performance Subscriptions Business Performance Fixed-Broadband + Mobile Home Wi-Fi subscriptions Largest video platform in + Wi-Fi Service package + 12.5 % YoY Taiwan with subscribers subscription +10.2 % Q

  10. Slide 10: Enterprise Business Group (EBG) 2Q23 Financial Summary

    Enterprise Business Group (EBG) 2Q23 Financial Summary Income before tax decreased NT$0.47 billion, or  11.9% YoY EBG revenue -1.2% YoY owing to Revenue higher base of AIoT related ICT revenue recognized in 2Q22 while -1.2% YoY other emerging ICT business (Billion) continues to demonstrate strong 2

  11. Slide 11: Enterprise Business Group (EBG) 2Q23 Highlights

    Enterprise Business Group (EBG) 2Q23 Highlights Emerging Enterprise Application Acquired a new smart port projects Revenue 2.2% YoY  in Southern Taiwan and further • Contact value of 5G Private Networks has huge extend our support in tourism with potential to largely exceed our full year target out

  12. Slide 12: International Business Group (IBG) 2Q23 Financial Summary

    International Business Group (IBG) 2Q23 Financial Summary Income before tax decreased NT$0.04 billion, or  6.6% YoY Revenue IBG revenue +23.2% YoY mainly driven by ICT and fixed-line (a) service revenue +23.2% YoY (Billion) 2.17 2.0 1.76 0.25 Global clients increased their 0.12 0.56 demand for IPLC

  13. Slide 13: Financial Overview

    Financial Overview © Chunghwa Telecom 13

  14. Slide 14: Income Statement Highlights

    Income Statement Highlights (NT$bn) Q2 2022 Q2 2023 Growth % H1 2022 H1 2023 Growth % Revenues 52.44 53.46 2.0 103.73 107.67 3.8 Operating Costs and Expenses 40.41 41.20 2.0 80.04 83.24 4.0 Income from Operations 12.03 12.26 2.0 23.69 24.43 3.2 Net Income2 9.66 9.93 2.9 18.72 19.58 4.6 EPS 1.24 1.28

  15. Slide 15: Balance Sheet Highlights

    Balance Sheet Highlights Growth % Growth % (NT$bn) 2022.06.30 2022.12.31 2023.06.30 (vs 2022.12.31) (vs 2022.06.30) Total Assets 526.61 523.20 1.3 533.31 1.9 Current Assets 109.82 101.90 15.2 117.35 6.9 Property, plant and equipment 285.07 291.53 -1.0 288.50 1.2 Total Liabilities 152.53 129.42 21.0

  16. Slide 16: Cash Flow Summary

    Cash Flow Summary (NT$bn) H1 2022 H1 2023 Growth % Cash Flows from Operating Activities 27.41 28.47 3.9% Capital Expenditures2 11.78 11.77 -0.1% Mobile2 4.99 3.01 -39.5% Non-Mobile2 6.79 8.76 28.9% Free Cash Flow3 15.63 16.70 6.9% Note: 1. Financials are prepared in accordance with T-IFRSs. Figures

  17. Slide 17: Operating Results vs. Forecasts

    Operating Results vs. Forecasts Q2 2023 Q2 2023 Achieving H1 2023 H1 2023 Achieving (NT$bn) (A) （E） % (A) (E) % Revenues 53.46 52.95~53.24 100.4~101.0 107.67 105.17~105.85 101.7~102.4 Operating Costs 41.20 41.80~41.97 98.2~98.6 83.24 83.28~83.61 99.6~100.0 and Expenses Income from 12.26 11.15~11.26

  18. Slide 18: Awards and ESG Recognitions

    Awards and ESG Recognitions Inducted to join RE100, a global renewable energy initiative, and passed the validation of the Science Based Targets initiative (SBTi) for GHG reduction ✓ Commit to use 100% renewable electricity by 2040, demonstrating the leadership in the energy transition ✓ Set a targe

  19. Slide 19: Q&A

    Q&A © Chunghwa Telecom 19

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