Far Eastone Telecommunications Co., Ltd. · TWSE:4904
Far Eastone Telecommunications — Q3 2004 Earnings Presentation
8 slides from Far Eastone Telecommunications's earnings presentation, Nov 4, 2004
Slide 1: 2004 3Q Investor Update
4904 (OTCT) 2004 3Q Investor Update Jan Nilsson President November 04, 2004 6:00pm Disclaimer This presentation contains forward-looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. Actual results may differ m
Slide 2: Balanced Taiwan Wireless Market Continue to Show Stable and Rational
Agenda I. Market Overview II. Operational Performance III. Financial Performance IV. Investment Highlights 3 Balanced Taiwan Wireless Market Continue to Show Stable and Rational Wireless Wireless Market Market Revenue Revenue & & Subs Subs 2004 2004 1-3Q 1-3Q Service Service Revenue Revenue Share Sh
Slide 3: Continue to Generate Higher ARPU
Agenda I. Market Overview II. Operational Performance III. Financial Performance IV. Investment Highlights 5 Operational Performance Continue to Generate Higher ARPU FET & KGT Blended ARPU vs. Market Avg ARPU (1) (2) 795 790 779 811 827 823 800 730 FET & KGT 675 694 700 Blended 700 654 651 666 676 6
Slide 4: Maintain Dominant Position in Data Use
Operational Performance Maintain Dominant Position in Data Use Market Market Data Data Rev Rev vs. vs. FET+KGT FET+KGT Data Data Rev Rev 2004 YTD Data % of Service Revenue FET Ç 28% vs. Market Ç15% (3Q’ (3Q’04 vs. 3Q’ 3Q’03) FET is the best- best-placed in Taiwan to FET commands 46% of market data r
Slide 5: Steady Revenue and Margin Growth
Agenda I. Market Overview II. Operational Performance III. Financial Performance IV. Investment Highlights 9 Consolidated Financial Overview Steady Revenue and Margin Growth Service Service Revenue Revenue EBITDA EBITDA and and EBITDA EBITDA Margin Margin (%) (%) % Ç 2.2 8.1% e v QoQ 3.1% NT$ mm QÇ
Slide 6: Consolidated Financial Overview: Maintain Profit Growth and Operation Efficiency
Consolidated Financial Overview Maintain Profit Growth and Operation Efficiency Net Net Income Income and and Net Net Income Income Margin Margin Opex Opex & & Opex Opex % % of of Service Service Rev Rev 5% Opex NT$ mm Ç 3. QoQ Qo Q È 6 .0 % ome NT$ mm % 4,500 I nc 25% Net 22.9% 22.9% 5,000 28.4% 30
Slide 7: Balanced Growth in All Aspects Compared to Peers
Consolidated Financial Overview Comparison of 2004 Q3 vs. Q2 Balanced Growth in All Aspects Compared to Peers Mobile Service Revenue Growth Service EBITDA Growth 5% 4.56% 10% 4% 3.39% 8% 3% 5.5% 2.20% 6% (%) (%) 2% 3.0% 4% 1% 2% 0% 0% -0.9% FET+KGT CHT TCC+TAT+MBT FET+KGT CHT TCC+TAT+MBT Service EBI
Slide 8: Key Investment Highlights
Key Investment Highlights 1. Solid #2 wireless operator in Taiwan with 33% market share 2. High Quality Customer Base 9 Market leading ARPUs 9 71% of High Rate Plan / High Value New User Market 3. Leading position in Data Usage 4. Balanced Growth in Financial Profile and Operational Efficiency 5. St
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