Chunghwa Telecom Co., Ltd · TWSE:2412
Chunghwa Telecom — Q1 2026 Earnings Presentation
16 slides from Chunghwa Telecom's earnings presentation, May 7, 2026
Slide 1: 1Q 2026 Operating Results
1Q 2026 Operating Results May 7, 2026 1 © Chunghwa Telecom
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
Slide 3: Recent Strategic Achievements
Recent Strategic Achievements FINANCIAL HIGHLIGHT Board approved NT$5.2 dividend for 2025 ✓ Payout ratio reached 104.2% Robust financial performance exceed quarterly forecast ✓ Revenue, operating income, net income and EPS in 1Q26 all surpassed the high-end of quarterly guidance ✓ Revenue hit a reco
Slide 4: Business Overview
Business Overview © Chunghwa Telecom 4
Slide 5: Business Overview: Mobile Service
Business Overview Mobile Service Mobile Market Leadership(a) Revenue & ARPU Growth CHT Peer 1 Peer 2 Mobile Services Mobile Revenues 41.1% Revenue (c) $ in billion Mobile Subscribers 39.7% YoY +0.8 bn 5G Subscribers 39.4% 17.31 17.68 17.70 ▲ 4.4％ 16.95 17.06 • Market Share outperforms peers across a
Slide 6: Business Overview: Fixed Broadband Service
Business Overview Fixed Broadband Service Fixed Broadband ARPU Growth Higher-Speed Adoption Uptrend (a) Fixed Broadband Revenue YoY + 3.0% / 0.35bn 300 Mbps+ Subs YoY + 12.9% / 203k Fixed Broadband ARPU YoY + 2.5% / NT$20 1G+ Subs impressively increased Fixed Broadband Fixed Broadband Fixed Broadban
Slide 7: Consumer Application Services
Consumer Application Services 1Q26 Highlights Multiple-Play Package IPTV(MOD) + OTT(Hami Video) Consumer Digital Services • Video subscriber number surpassed the • Consumer Cybersecurity subscriptions • Fixed-Broadband + Mobile + Wi-Fi Service package subscriptions exceeded 3 million milestone, boos
Slide 8: Enterprise ICT Performance
Enterprise ICT Performance 1Q26 Highlights Group Enterprise ICT Revenue Growth Enterprise ICT Application Revenues Highlights ICT Recurring Revenue YoY +11% IDC Cloud Service YoY +29% YoY + 43% Group Enterprise ICT Revenue 1Q25 2Q25 3Q25 4Q25 1Q26 YoY +25% ICT Revenue ICT Quarterly recurring revenue
Slide 9: International Performance
International Performance 1Q26 Highlights Global Market Highlights Revenues about Network Resilience International U.S. Market Revenues Satellite Revenue Subsidiaries Revenue YoY +89% YoY +16% YoY +20% IPLC Revenue YoY +6% SEA Market Revenues 1Q25 2Q25 3Q25 4Q25 1Q26 YoY +16% International Subsidiar
Slide 10: Business Groups: 1Q26 Financial Summary
Business Groups 1Q26 Financial Summary Consumer Business Group Enterprise Business Group International Business Group • IBG’s revenue YoY +10.7% as ICT • CBG’s revenue YoY +6.2% supported by • EBG’s revenue YoY +8.5% as ICT revenue and mobile services revenue robust growth of core business and busin
Slide 11: Financial Overview
Financial Overview © Chunghwa Telecom 11
Slide 12: Income Statement Highlights
Income Statement Highlights (NT$bn) Q1 2026 Q1 2025 Growth % Revenue 59.99 55.81 7.5 Operating Costs and Expenses 46.89 43.29 8.3 Other Income and Expenses2 - - - Income from Operations 13.10 12.52 4.6 Income before Tax 13.18 12.70 3.8 Net Income3 10.11 9.80 3.2 EPS 1.30 1.26 3.2 EBITDA4 23.30 22.53
Slide 13: Balance Sheet Highlights
Balance Sheet Highlights (NT$bn) 2026.3.31 2025.12.31 Growth % Total Assets 547.96 535.87 2.3 Cash & Cash Equivalents 35.10 36.94 -5.0 Other current monetary assets 33.76 23.47 43.9 Property, plant and equipment 282.83 288.16 -1.9 Investment properties 14.10 12.42 13.6 Other assets 182.17 174.88 4.2
Slide 14: Cash Flow Summary
Cash Flow Summary (NT$bn) Q1 2026 Q1 2025 Growth % Cash Flows from Operating Activities 11.19 12.95 -13.6% Capital Expenditures2 4.55 5.41 -15.8% Mobile2 1.08 1.43 -24.3% Non-Mobile2 3.47 3.98 -12.8% Free Cash Flow3 6.64 7.54 -12.0% Note: 1. Financials are prepared in accordance with T-IFRSs. Figure
Slide 15: Operating Results vs. Forecasts
Operating Results vs. Forecasts Q1 2026 Q1 2026 Achieving 2026 Achieving (NT$bn) (A) (E) % (E) % Revenue 59.99 56.28~56.44 106.3~106.6 241.99~243.68 24.6~24.8 Operating Costs and Expenses 46.89 44.73~44.88 104.5~104.8 193.99~194.46 24.1~24.2 Income from Operations 13.10 11.55~11.56 113.4~113.5 48.14
Slide 16: Q&A
Q&A © Chunghwa Telecom 16