Far Eastone Telecommunications Co., Ltd. · TWSE:4904

Far Eastone Telecommunications — Q3 2023 Earnings Presentation

13 slides from Far Eastone Telecommunications's earnings presentation, Nov 3, 2023

  1. Slide 1: 2023 3Q Investor Update

    4904 (TWSE) 2023 3Q Investor Update Chee Ching, President Sharon Lin, CFO & Gary Lai, IR Far EasTone Telecom

  2. 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

  3. Slide 3: 2023 3Q and YTD Financial Performance

    2023 3Q and YTD Financial Performance Beat guidance across all KPIs with solid YoY growth 1-3Q EPS $2.56, matched 2020 Full Year EPS Item Ach. 1-3Q 1-3Q Ach. Unit: NT$bn, except for 3Q 2023 YoY% YoY% 2023 EPS Rate% 2023 Guidance(1) Rate% Total Revenue 23.22 +4.8% 100.7% 67.22 +3.8% 66.97 100.4% EBIT

  4. Slide 4: 2023 3Q Financial Performance Highlight

    2023 3Q Financial Performance Highlight Total Revenue EBITDA NetEPS Income NT$bn NT$bn NT$bn 16.7% 4.8% 5.0% YoY YoY YoY 24.37 EPS $0.87 22.16 22.3121.7023.22 8.08 21.90 20.72 7.88 7.95 7.91 2.75 2.77 2.83 7.70 2.55 7.57 7.64 2.42 2.33 2.31 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 1Q22 2Q22 3Q22 4Q22 1Q23

  5. Slide 5: 2023 3Q Financial Metrics

    2023 3Q Financial Metrics Net Debt and Net Debt-to-EBITDA multiple are improving Strong Free Cash Flow sustained 2023 Capex guidance remained at $9.0bn Item As of As of Unit: NT$bn, unless otherwise stated 3Q 2022 3Q 2023 Net Debt 54.20 49.11 Net Debt to EBITDA(x)(1) 1.80x 1.54x Free Cash Flow(1) –

  6. Slide 6: Mobile Core – 5G continues to drive growth momentum

    Mobile Core – 5G continues to drive growth momentum Mobile Service Revenue #Postpaid customers 5G > 38+% Penetration NT$bn ▲2.9% ▲3.5% (K) 55.0 ▲1.4% YoY YoY 38.4 5,407 5,449 5,459 5,478 50.1 47.7YoY48.4 49.8 5,350 38% 37.1 5,274 22% 32% 0% 0% 6% 1-3Q 1-3Q 2018 2019 2020 2021 2022 2022 2023 2018 201

  7. Slide 7: New Economy – Steady growth, improving margin

    New Economy– Steady growth, improving margin New Economy business continues to grow Enterprise Enterprises(contributed (contributed 54% 54% ofEconomy of New rev) Rev) steadily, and currently accounted for ~20%  Smart ICT with FET home-grown solutions of the total revenue. continues to drive the rev

  8. Slide 8: 2023 3Q Enterprise Business Highlight

    2023 3Q Enterprise Business Highlight Delivered more Smart & Green ICT projects with homegrown IoT/5G solutions in the public sector Major wins included:  Electric Motorcycle Fast Charging Service Pilot Project  Electric Vehicle Charging Station & Service for City Public Parking Lots  Power Plant

  9. Slide 9: 2023 3Q Consumer Business Highlight

    2023 3Q Consumer Business Highlight iPhone 15 launch boosted 5G upgrade, brought in more customers with longer contracts and higher monthly fees:  Over 80% signed up for contracts of 30 months or longer  Over 90% chose a monthly rate plan at NTD$999 or higher FET’s Customer loyalty app, Mobile Cir

  10. Slide 10: 2023 3-4Q Major Honors and Recognitions

    2023 3-4Q Major Honors and Recognitions National Taiwan #1 winner! Sustainable 9 Awards for Excellence in Development Taiwan Corporate Corporate Social Awards 2023 Sustainability Responsibility Awards Award 2023 CSEA awards Best Customer Golden Award Service & Talent Best Customer Digital Intelligen

  11. Slide 11: FET-APT Merger Progress

    FET-APT Merger Progress 2023 Oct 2023/12/15 2023 3Q Filed with Set for: 2023 July Started Taiwan Stock 2023 Jan Received the network Official Exchange to FET/APT 2022 Feb Received the approval from consolidation list 347.2 Merger FET officially approval from Fair Trade and working million new signed

  12. Slide 12: FET 2023 4Q Focus

    FET 2023 4Q Focus (Currently FET is in the silent period, therefore not allowed to provide 4Q financial guidance) Last Sprint to the Merger Effective Day - 12/15/23 Finish the year STRONG! Coming soon…New FET 11

  13. Slide 13: Q&A

    Q&A For Further Information, Websites email http://corporate.fetnet.net Investor Relations http://www.fetnet.net IR@fareastone.com.tw 12

Far EasTone Telecommunications — Q3 2023 Earnings Presentation on 6ix