Far Eastone Telecommunications Co., Ltd. · TWSE:4904
Far Eastone Telecommunications — Q2 2018 Earnings Presentation
13 slides from Far Eastone Telecommunications's earnings presentation, Aug 1, 2018
Slide 1: 2018 2Q Investor Update
4904 (TWSE) 2018 2Q Investor Update Yvonne Li President
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
Agenda I. Market Overview II. 2018 2Q Performance III. Business Update 3
Slide 4: Mobile Market in Taiwan
Mobile Market in Taiwan Market Dynamic Total Mobile Rev in Taiwan(1) Total Mobile Subs in Taiwan(2) Unit: NT$bn Unit: mn -0.2% -2.7% YoY -1.5% 29.3 29.4 28.9 28.7 28.9 YoY YoY 3.4 112.6 112.4 110.7 109.3 11.6 107.6 18.1 22.6 25.2 87% 23.5 16.8 10.5 6.1 13% 2.4 3.8 1.0 0.4 0.0 0.0 2014 2015 2016 2017
Slide 5: Agenda
Agenda I. Market Overview II. 2018 2Q Performance III. Business Update 5
Slide 6: Operational Performance
Operational Performance New Business Growth New Business* on Track Enterprise ICT Revenue % of Total Rev +37% 11.8% YoY 9.3% 7.8% 2017 2018 1H 2018E 2017 1H 2018 1H *New business includes ICT & IoT, digital business, mobile commerce, smart home..etc. 6
Slide 7: Financial Performance
Financial Performance Stable Profitability EBITDA (NT$mn) and Margin % Net Income (NT$mn) 33.0% 33.1% 31.9% 31.4% 26.2% 7,242 7,262 7,151 6,810 2,917 2,854 6,476 2,678 2,453 2,249 2Q17 3Q17 4Q17 1Q18 2Q18* 2Q17 3Q17 4Q17 1Q18 2Q18* Source: Company Data * 2018 financial results and guidance have adop
Slide 8: Consolidated Financial Result
Consolidated Financial Result 2Q18 & 1H18 Result vs. Guidance 2Q18 1H18 Item Result* 2Q18 Achieve Result* 1H18 Achieve Unit: NT$ mn, except (Relative Fair Guidance* ment % (Relative Fair Guidance* ment % for EPS Value) Value) ▶ Total Revenue 21,621 21,138 102% 43,287 42,292 102% ▶ EBITDA 7,151 7,168
Slide 9: Consolidated Financial Result
Consolidated Financial Result 2Q18 Financial Stats As of 1Q18 As of 2Q18 (NT$ mm unless otherwise stated) Cash & Cash Equivalents 4,639 14,325 Available-for-Sale Financial Assets & Derivatives 1,194 1,256 Total Borrowing 30,124 32,535 Net Debt(1) 24,291 16,954 Shareholders’ Equity 79,253 69,702 Net
Slide 10: Agenda
Agenda I. Market Overview II. 2018 2Q Performance III. Business Update 10
Slide 11: 2018 2Q Honors and Achievements
2018 2Q Honors and Achievements Network & Tech Recognitions Customer Service 1st in Taiwan to roll out Laurelled BEST COMPANIES Won Award for NB-IoT over 7,500 sites TO WORK FOR IN ASIA Innovation in Customer island-wide 2018 by HR Asia Service Management, Planning & Practice from Asia-Pacific
Slide 12: Management Highlight
12 Management Highlight Key Message 499 flash sale does impact on connectivity revenue, while we will focus on value creation and cost efficiency Continue to drive growth in enterprise ICT Sustain leadership in customer experience including network and omni channel service delivery Maintain
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 13
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