Chunghwa Telecom Co., Ltd · TWSE:2412
Chunghwa Telecom — Q4 2025 Earnings Presentation
17 slides from Chunghwa Telecom's earnings presentation, Feb 3, 2026
Slide 1: 4Q 2025 Operating Results
4Q 2025 Operating Results February 3, 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 Full-year financial performance reached an eight-year peak ✓ Revenue, operating income, net income and EPS in 2025 all exceeded the high-ends of full-year guidance ✓ Total revenue reached an all-time high ✓ Accumulated EPS achieved its 6th consecutiv
Slide 4: Business Overview
Business Overview © Chunghwa Telecom 4
Slide 5: Business Overview: Mobile Service
Business Overview Mobile Service Mobile Market Leadership Growing ARPU and Service Revenue Monthly fee uplift 4G ➔ 5G migration ▲41% CHT’s Mobile rev. 5G penetration among smartphone Mkt. share: 41.0% users (b) 46.4% Mobile service rev.(c) YoY + 4.7％ (0.80bn ) • 090 Postpaid Sub. (Billion) YoY + 75k
Slide 6: Business Overview: Fixed Broadband Service
Business Overview Fixed Broadband Service ARPU YoY Growth for Higher-Speed Adoption Growth 25 Consecutive Quarters (a) Fixed Broadband Revenue YoY + 3.8% / 0.43bn 300M+ Subs YoY + 13.3% / 203k Fixed Broadband ARPU YoY + 3.3% / NT$25.8 1G+ Subs impressively multiplied (Billion) (Thousand) 798 804 810
Slide 7: Consumer Application Services
Consumer Application Services 4Q25 Highlights Multiple-Play Package IPTV(MOD) + OTT(Hami) Consumer Cybersecurity Performance Business Performance Subscriptions Fixed-Broadband + Mobile Video subscriber churn Consumer Cybersecurity + Wi-Fi Service package stabilized Subscriptions YoY + 11.1% subscrip
Slide 8: Enterprise ICT Performance
Enterprise ICT Performance 4Q25 Highlights Group Enterprise ICT Revenue YoY -6.2% Our award-recognized AI-based customer service solution successfully ICT QRR YoY +14.8% won a project from a leading financial firm Secured a flagship government project to upgrade the labor insurance platform to next-
Slide 9: International Performance
International Performance 4Q25 Highlights International Subsidiaries Revenue YoY -7.4% Successfully executed plant Two consecutive construction projects in Singapore QoQ growth and Thailand, resulting in 12% YoY growth in SEA revenue Malaysia subsidiary commenced operation in December 2025 to 4Q24 1
Slide 10: Business Groups: 4Q25 Financial Summary
Business Groups 4Q25 Financial Summary Consumer Business Group Enterprise Business Group International Business Group • CBG’s revenue YoY +5.9% • EBG’s revenue YoY -7.9% as ICT • IBG’s revenue YoY +2.5% mainly business revenue YoY -7.0% driven by fixed-line and mobile supported by robust growth of •
Slide 11: Financial Overview
Financial Overview © Chunghwa Telecom 11
Slide 12: Income Statement Highlights
Income Statement Highlights (NT$bn) Q4 2025 Q4 2024 Growth % 2025 2024 Growth % Revenue 65.65 65.30 0.5 236.11 229.97 2.7 Operating Costs and Expenses 54.15 53.78 0.7 187.45 183.22 2.3 Other Income and Expenses2 -0.12 0.13 -191.5 -0.11 0.12 -192.0 Income from Operations 11.38 11.65 -2.2 48.55 46.87
Slide 13: Balance Sheet Highlights
Balance Sheet Highlights (NT$bn) 2025.12.31 2024.12.31 Growth % Total Assets 536.35 534.49 0.4 Cash & Cash Equivalents 37.09 36.26 2.3 Long-term Investments 18.62 16.75 11.2 Property, plant and equipment 288.16 289.84 -0.6 Intangible assets 59.76 66.28 -9.8 Other assets 132.72 125.36 5.9 Total Liabi
Slide 14: Cash Flow Summary
Cash Flow Summary (NT$bn) 2025 2024 Growth % Cash Flows from Operating Activities 77.50 79.24 -2.2 Capital Expenditures2 27.70 28.76 -3.7 Mobile2 8.21 9.67 -15.2 Non-Mobile2 19.49 19.09 2.1 Free Cash Flow3 49.80 50.48 -1.4 Note: 1. Financials are prepared in accordance with T-IFRSs. Figures for 2025
Slide 15: Operating Results vs. Forecasts
Operating Results vs. Forecasts Q4 2025 Q4 2025 Achieving 2025 2025 Achieving (NT$bn) (A) （E） % (A) (E) % Revenue 65.65 64.61~64.86 101.2~101.6 236.11 232.70~233.70 101.0~101.5 Operating Costs 54.15 52.95~52.98 102.2~102.3 187.45 187.54~187.61 99.9~100.0 and Expenses Income from 11.38 11.74~12.27 92
Slide 16: Financial Forecasts for 2026
Financial Forecasts for 2026 Consolidated (NT$bn) 2026 (E) 2025 (A) Growth % Revenues 241.99~243.68 236.11 2.5~3.2 Operating Costs and Expenses 193.99~194.46 187.45 3.5~3.7 Income from Operations 48.14~49.66 48.55 (0.8)~2.3 Net Income2 37.39~38.94 38.69 (3.4)~0.6 EPS 4.82~5.02 4.99 (3.4)~0.6 EBITDA
Slide 17: Q&A
Q&A © Chunghwa Telecom 17