Chunghwa Telecom Co., Ltd · TWSE:2412

Chunghwa Telecom — Q3 2023 Earnings Presentation

19 slides from Chunghwa Telecom's earnings presentation, Nov 2, 2023

  1. Slide 1: 3Q 2023 Operating Results

    3Q 2023 Operating Results November 2, 2023 1 © Chunghwa Telecom

  2. 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

  3. Slide 3: Chairman's Message

    Chairman’s Message Market Consolidation ◼ Reiterate our positive views on the post-merger market ◼ Lead in Sub 6GHz spectrum ✓ Own the largest and most consecutive spectrum in use at the mainstream bandwidth CHT New F New T Sub 6GHz 290MHz 280MHz 270MHz Most Base Stations ◼ Largest capacity, coverag

  4. Slide 4: Business Overview

    Business Overview © Chunghwa Telecom 4

  5. Slide 5: Business Overview: Mobile Service

    Business Overview Mobile Service Mobile Revenue & Subs 090 Postpaid ARPU  5.1% YoY Market Share 10 Consecutive Quarters of Growth +3% Monthly fee uplift Mobile service revenue(a) Mobile Revenue CHT’s Mobile revenue from 4G YoY ▲ 6.9％ Market Share exceeded subs market share: 40.1% ▲ 44% market share

  6. Slide 6: Business Overview: Fixed Broadband Service

    Business Overview Fixed Broadband Service ARPU YoY Growth for Higher-Speed Adoption Growth 16 Consecutive Quarters (a) Fixed Broadband Revenue YoY ▲ 1.9％ 300M+ Subs YoY ▲ 41% Fixed Broadband ARPU YoY ▲ 1.0％ (Million) (Thousand) 767 771 766 774 775 4,384 4,386 4,381 4,382 4,389 12,000 700 10,000 20%

  7. Slide 7: Segment Reporting

    Segment Reporting © Chunghwa Telecom 7

  8. Slide 8: Consumer Business Group (CBG) 3Q23 Financial Summary

    Consumer Business Group (CBG) 3Q23 Financial Summary Income before tax decreased NT$0.14 billion, remained flat YoY Revenue Mobile service revenue of CBG +6.8% YoY due to 5G migration, continued growth of postpaid +2.8% YoY subs, and roaming recovery (Billion) 40 33.74 35 32.83 Fixed broadband reven

  9. Slide 9: Consumer Business Group (CBG) 3Q23 Highlights

    Consumer Business Group (CBG) 3Q23 Highlights Multiple-Play Package Home Wi-Fi IPTV/MOD + OTT Performance Subscriptions Business Performance Fixed-Broadband + Mobile Home Wi-Fi subscriptions Largest video platform in + Wi-Fi Service package + 34.0 % YoY Taiwan with subscribers subscription +16.4 % Q

  10. Slide 10: Enterprise Business Group (EBG) 3Q23 Financial Summary

    Enterprise Business Group (EBG) 3Q23 Financial Summary Income before tax decreased NT$0.46 billion, or  11.8 % YoY EBG revenue -4.4% YoY mainly Revenue due to higher base of AIoT, cloud, and big data revenue -4.4% YoY while IDC and cybersecurity (Billion) have continued growth 20 17.39 16.62 1.20 E

  11. Slide 11: Enterprise Business Group (EBG) 3Q23 Highlights

    Enterprise Business Group (EBG) 3Q23 Highlights Emerging Enterprise Application Acquire 5G private network 6.8% YoY  Revenue projects in cultural industry and the offshore wind power field by leveraging AR/VR technology and excellent management capabilities IDC Cyber Security Expanded IDCs in Banqu

  12. Slide 12: International Business Group (IBG) 3Q23 Financial Summary

    International Business Group (IBG) 3Q23 Financial Summary Income before tax decreased NT$0.02 billion, or  3.6% YoY IBG revenue +29.8% YoY mainly Revenue driven by ICT and fixed-line service revenue (a) +29.8% YoY (Billion) Signed MOU with Poland’s 2.5 2.34 EXATEL to cooperate in 0.31 emerging busi

  13. Slide 13: Financial Overview

    Financial Overview © Chunghwa Telecom 13

  14. Slide 14: Income Statement Highlights

    Income Statement Highlights (NT$bn) Q3 2022 Q3 2023 Growth % 9M 2022 9M 2023 Growth % Revenues 53.51 53.66 0.3 157.24 161.33 2.6 Operating Costs and Expenses 41.32 42.19 2.1 121.36 125.44 3.4 Income from Operations 12.18 11.46 -5.9 35.87 35.90 0.1 Net Income2 9.36 9.09 -2.9 28.08 28.65 2.1 EPS 1.21

  15. Slide 15: Balance Sheet Highlights

    Balance Sheet Highlights Growth % Growth % (NT$bn) 2022.09.30 2022.12.31 2023.9.30 (vs 2022.09.30) (vs 2022.12.31) Total Assets 503.59 523.20 512.21 1.7 -2.1 Current Assets 86.82 101.90 96.92 11.6 -4.9 Property, plant and 286.30 291.53 287.21 0.3 -1.5 equipment Intangible Assets 80.79 79.19 74.28 -6

  16. Slide 16: Cash Flow Summary

    Cash Flow Summary (NT$bn) 9M 2022 9M 2023 Growth % Cash Flows from Operating Activities 47.20 49.89 5.7% Capital Expenditures2 20.22 18.88 -6.6% Mobile2 9.57 6.86 -28.4% Non-Mobile2 10.65 12.02 12.9% Free Cash Flow3 26.98 31.01 14.9% Note: 1. Financials are prepared in accordance with T-IFRSs. Figur

  17. Slide 17: Operating Results vs. Forecasts

    Operating Results vs. Forecasts Q3 2023 Q3 2023 Achieving 9M 2023 9M 2023 Achieving (NT$bn) (A) （E） % (A) (E) % Revenues 53.66 54.10~54.51 98.4~99.2 161.33 159.27~160.36 100.6~101.3 Operating Costs 42.20 42.51~42.69 98.8~99.3 125.43 125.79~126.31 99.3~99.7 and Expenses Income from 11.46 11.59~12.07

  18. Slide 18: Awards and ESG Recognitions

    Awards and ESG Recognitions Received the Jade Award, the highest level of The Asset ESG Corporate Awards 2023 ✓ The only company in Taiwan to stand out in cross-industry and cross-country selection and attain the highest honor for the third consecutive year Included as Top 10 Constituents by FTSE4Go

  19. Slide 19: Q&A

    Q&A © Chunghwa Telecom 19

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