Far Eastone Telecommunications Co., Ltd. · TWSE:4904
Far Eastone Telecommunications — Q4 2025 Earnings Presentation
18 slides from Far Eastone Telecommunications's earnings presentation, Feb 26, 2026
Slide 1: 2025 4Q Investor Update
4904 (TWSE) 2025 4Q Investor Update Chee Ching, President Sharon Lin, CFO & Gary Lai, IR Far EasTone Telecom
Slide 2: Disclaimer
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 materially from those expressed or implied by these forward-looking statements. Beca
Slide 3: Agenda
FET 2025 4Q and Full Year Performance Overview AGENDA 2025 Dividend Proposal 2026 Priorities & Guidance 2
Slide 4: FET 2025 4Q & FY2025 Financial Performance
FET 2025 4Q & FY2025 Financial Performance 4Q2025: Marked New Record Highs! FY2025: Leading Industry in YoY Growth Across All Lines! Item 4Q 4Q Ach. Ach. FY2025 Unit: NT$bn, 2025 2024 YoY% FY2025 FY2024 YoY% Guidance Rate% except for EPS Rate% Total Revenue 32.68 29.17 +12.1% 108% 110.35 104.62 +5.5
Slide 5: FET 2025 4Q: Marked New Record Highs
FET 2025 4Q: Marked New Record Highs Total Revenue EBITDA (IFRS 16) Net Income 4Q Revenue $32.68bn, all time 4Q EBITDA $9.82bn, a new 4Q net income reached $3.67bn, high in FET history, grew 12.1% record high in FET history; setting the highest quarterly YoY, driven by 1) 5G plan The 4.7% YoY EBITDA
Slide 6: FET 2025 4Q Financial Metrics
FET 2025 4Q Financial Metrics Net Debt and Net Debt-to-EBITDA continues to improve post-merger Free cash flow remains strong FY2025 Capex was NT$7bn, 16% lower than the guidance of NT$8.3bn for some cost efficiency savings and deferred payment/spending Item As of As of Unit: NT$bn, unless otherwise
Slide 7: 2025 Reached New Highs for FET!
2025 Reached New Highs for FET! Total Revenue (NT$bn) Record High Net Income (NT$bn) 20-Year-High 110.3 13.7 104.6 12.8 93.7 11.2 86.6 83.9 85.3 89.2 79.5 9.4 9.1 9.6 8.7 8.4 2018 2019 2020 2021 2022 2023 2024 2025 2025 2018 2019 2020 2021 2022 2023 2024 2025 2025 EBITDA (NT$bn) Record High EPS (NT$
Slide 8: 2025 Mobile Business Performance
2025 Mobile Business Performance Mobile Services delivered solid YoY growth, especially new users through enterprise channels +31% YoY, while Mobile Devices & Merchandise maintained healthy 6% YoY growth Mobile Service Revenue Postpaid 5G Penetration Mobile Service Renewals continue NT$bn % FET #1 t
Slide 9: Consumer Essential Services Highlights
Consumer Essential Services Highlights Mobile Circle App Direct Carrier Billing Mobile Insurance Video & Entertain App downloads ~8M, Hit record high Trans, Handset Insurance friDay video ranked #1 ready for scaling up ▲14% YoY Market Share #1; local paid OTTs for 4 years the platform Sandbox applic
Slide 10: 2025 Enterprise Business Highlights
2025 Enterprise Business Highlights Smart ICT continues to be the growth driving engine, ▲28% YoY, accounted for 19% of the total FET revenue alone System Integration projects revenue ▲64% AI fueled demand for Digital Transformation: ✓ MSFT Azure & Co-Pilot contract values ▲94% ✓ FET’s “Intellig
Slide 11: 2025 Major Honors and Recognitions
2025 Major Honors and Recognitions Environmental Sustainability Product and Service ✓ S&P Global 2025 Sustainability Yearbook – Top 5% ◼ FET 5G Telemedicine Platform: Globally and #1 among Taiwan telcos ✓ MOEA ‘National Innovation Award’ – ✓ Taiwan Corporate Sustainability Awards (TCSA) - Outstandin
Slide 12: Agenda
FET 2025 4Q and Full Year Performance Overview AGENDA 2025 Dividend Proposal 2026 Priorities & Guidance 11
Slide 13: Proposed 2025 Dividend: New Record High
Proposed 2025 Dividend: New Record High FET 2025 DPS is set at $3.81 with 100% Payout and up 7% YoY(1) Dividend Per Share (NT$) EPS 5.00 4.50 DPS ▲7% YoY, @100% Payout 4.00 3.56 3.56 3.81 3.81 Record High DPS 3.50 3.25 3.25 3.10 3.25 2.80 2.95 3.00 2.50 2.00 1.50 1.00 0.50 0.00 (1) 2021 2022 2023 20
Slide 14: Agenda
FET 2025 4Q and Full Year Performance Overview AGENDA 2025 Dividend Proposal 2026 Priorities & Guidance 13
Slide 15: 2026 Priorities
2026 Priorities Maximize Synergies from recent investments: ✓ Grow Smart City, Smart Transportation and ESG related SI Revenue through expanded and advanced homegrown solutions co-created with subsidiaries ✓ Expand Smart Health Solutions & Markets: from Telemedicine to Cloud HIS & AI Assistant, TAs
Slide 16: 2026 Consolidated Financial Forecast
2026 Consolidated Financial Forecast Item 2026 2025 Result YoY% Unit: NT$bn, except for EPS Guidance Total Revenue 117.48 110.35 +6.5% EBITDA 39.83 38.08 +4.6% Operating Income 19.00 17.35 +9.5% Net Income 14.17 13.73 +3.2% EPS (NT$) $3.93 $3.81 +3.2% 15
Slide 17: FET 2026 Capex Guidance
FET 2026 Capex Guidance 2026 Cash Capex is forecast at $9.6B, up $1.3B from 2025 Capex Guidance, due to 1) Increased Subsidiaries’ demand & 2) RAN Network upgrade for capacity and 5G SA Capex to Sales Level remains healthy at ~8% Cash Capex Trending View (NT$bn) 12.1 9.9 9.6 8.1 Budget: 8.3 7.1 7.0
Slide 18: Q&A
Q&A For further Information, websites email http://corporate.fetnet.net Investor Relations http://www.fetnet.net IR@fareastone.com.tw
Far EasTone Telecommunications — Q4 2025 Earnings Presentation on 6ix