AG˹ٷ

STOCK TITAN

Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Second Quarter of 2025

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Chunghwa Telecom (NYSE: CHT) reported strong Q2 2025 results, with total revenue increasing 4.8% to NT$ 56.73 billion, reaching a ten-year high for the period. The company's operating income grew 5.2% to NT$ 12.54 billion, while net income rose 3.5% to NT$ 10.17 billion, with EPS of NT$1.31.

Key performance highlights include the Consumer Business Group's 1.4% revenue growth to NT$ 34.07 billion and the Enterprise Business Group's 12.4% increase to NT$ 18.98 billion, driven by a remarkable 37% year-over-year growth in ICT business. However, the International Business Group saw a 16.8% revenue decline to NT$ 2.20 billion.

The company maintained market leadership in mobile services with 13.13 million subscribers and demonstrated growth in fixed broadband, with ARPU increasing 1.9% to NT$ 804.

Chunghwa Telecom (NYSE: CHT) ha riportato risultati solidi nel secondo trimestre 2025, con un fatturato totale in aumento del 4,8% a NT$ 56,73 miliardi, raggiungendo il massimo degli ultimi dieci anni per il periodo. L'utile operativo della società è cresciuto del 5,2% a NT$ 12,54 miliardi, mentre l'utile netto è aumentato del 3,5% a NT$ 10,17 miliardi, con un utile per azione (EPS) di NT$1,31.

I punti salienti delle performance includono la crescita del 1,4% dei ricavi del Consumer Business Group a NT$ 34,07 miliardi e l'incremento del 12,4% del Enterprise Business Group a NT$ 18,98 miliardi, trainato da una straordinaria crescita annua del 37% nel settore ICT. Tuttavia, l'International Business Group ha registrato un calo dei ricavi del 16,8% a NT$ 2,20 miliardi.

L'azienda ha mantenuto la leadership di mercato nei servizi mobili con 13,13 milioni di abbonati e ha mostrato una crescita nella banda larga fissa, con un ARPU in aumento del 1,9% a NT$ 804.

Chunghwa Telecom (NYSE: CHT) reportó sólidos resultados en el segundo trimestre de 2025, con ingresos totales que aumentaron un 4,8% hasta NT$ 56,73 mil millones, alcanzando un máximo en diez años para el período. Los ingresos operativos de la compañía crecieron un 5,2% hasta NT$ 12,54 mil millones, mientras que el ingreso neto subió un 3,5% hasta NT$ 10,17 mil millones, con un BPA de NT$1,31.

Los aspectos destacados del desempeño incluyen el crecimiento de ingresos del 1,4% del Consumer Business Group a NT$ 34,07 mil millones y el aumento del 12,4% del Enterprise Business Group a NT$ 18,98 mil millones, impulsado por un notable crecimiento interanual del 37% en el negocio de TIC. Sin embargo, el International Business Group experimentó una caída de ingresos del 16,8% a NT$ 2,20 mil millones.

La empresa mantuvo el liderazgo en servicios móviles con 13,13 millones de suscriptores y mostró crecimiento en banda ancha fija, con un ARPU que aumentó un 1,9% hasta NT$ 804.

Chunghwa Telecom (NYSE: CHT)은 2025� 2분기� 견고� 실적� 보고했으�, � 매출� 4.8% 증가하여 NT$ 567.3�으로 10� 만에 최고치를 기록했습니다. 영업이익은 5.2% 증가� NT$ 125.4�, 순이익은 3.5% 증가� NT$ 101.7�� 기록했으�, 주당순이�(EPS)은 NT$1.31이었습니�.

주요 성과로는 소비� 사업부문의 매출 1.4% 증가� NT$ 340.7억을 기록했고, 기업 사업부문의 12.4% 증가� NT$ 189.8억에 달했으며, 이는 ICT 사업� 전년 대� 37% 성장� � 힘입은 결과입니�. 반면, 국제 사업부문은 매출� 16.8% 감소하여 NT$ 22.0억에 그쳤습니�.

회사� 1,313� 명의 가입자� 보유하며 모바� 서비� 시장에서 선두� 유지했으�, 고정 광대� 서비스에서도 ARPU가 1.9% 증가하여 NT$ 804� 기록하는 � 성장세를 보였습니�.

Chunghwa Telecom (NYSE : CHT) a annoncé de solides résultats pour le deuxième trimestre 2025, avec un chiffre d'affaires total en hausse de 4,8 % à 56,73 milliards NT$, atteignant un sommet décennal pour cette période. Le résultat d'exploitation de la société a augmenté de 5,2 % à 12,54 milliards NT$, tandis que le bénéfice net a progressé de 3,5 % à 10,17 milliards NT$, avec un BPA de 1,31 NT$.

Les points forts de la performance comprennent la croissance du chiffre d'affaires du Consumer Business Group de 1,4 % à 34,07 milliards NT$ et l'augmentation de 12,4 % du Enterprise Business Group à 18,98 milliards NT$, portée par une croissance remarquable de 37 % en glissement annuel dans le secteur des TIC. Cependant, le International Business Group a connu une baisse de 16,8 % de ses revenus à 2,20 milliards NT$.

L'entreprise a conservé sa position de leader sur le marché des services mobiles avec 13,13 millions d'abonnés et a montré une croissance dans le haut débit fixe, avec un ARPU en hausse de 1,9 % à 804 NT$.

Chunghwa Telecom (NYSE: CHT) meldete starke Ergebnisse für das zweite Quartal 2025, mit einem Gesamtumsatzanstieg von 4,8% auf NT$ 56,73 Milliarden, was den höchsten Wert für diesen Zeitraum seit zehn Jahren darstellt. Das Betriebsergebnis des Unternehmens wuchs um 5,2% auf NT$ 12,54 Milliarden, während der Nettogewinn um 3,5% auf NT$ 10,17 Milliarden stieg, mit einem Ergebnis je Aktie (EPS) von NT$1,31.

Zu den wichtigsten Leistungshighlights gehören das Umsatzwachstum der Consumer Business Group um 1,4% auf NT$ 34,07 Milliarden und der Anstieg der Enterprise Business Group um 12,4% auf NT$ 18,98 Milliarden, angetrieben durch ein bemerkenswertes 37%iges Wachstum im ICT-Geschäft im Jahresvergleich. Das International Business Group verzeichnete jedoch einen Umsatzrückgang von 16,8% auf NT$ 2,20 Milliarden.

Das Unternehmen behielt die Marktführerschaft im Mobilfunkbereich mit 13,13 Millionen Abonnenten und zeigte Wachstum im Festnetz-Breitband, wobei der ARPU um 1,9% auf NT$ 804 stieg.

Positive
  • None.
Negative
  • International Business Group revenue declined 16.8% to NT$ 2.20 billion
  • Mobile subscriber base decreased 2.2% year-over-year
  • Operating costs and expenses increased 4.8% to NT$ 44.19 billion
  • Cash and cash equivalents decreased 7.1% compared to previous year
  • EBITDA margin declined from 40.31% to 39.80% year-over-year

Insights

Chunghwa Telecom delivered strong Q2 2025 results exceeding guidance, with 4.8% revenue growth and expanding enterprise ICT business despite international segment challenges.

Chunghwa Telecom has reported a remarkably strong second quarter with total revenue increasing 4.8% to NT$56.73 billion, reaching a 10-year high for the same period. The company's performance was particularly impressive given it exceeded the upper end of management's guidance across all key metrics, including revenue, operating income, net income, and EPS.

The results reveal divergent performance across business segments. The Consumer Business Group saw modest growth of 1.4%, reaching NT$34.07 billion, driven by increases in both mobile and fixed broadband ARPU. Meanwhile, the Enterprise Business Group was the standout performer with revenue surging 12.4% to NT$18.98 billion, primarily fueled by extraordinary 37% year-over-year growth in ICT business revenue. This highlights Chunghwa's successful expansion into high-value enterprise solutions beyond traditional telecom services.

However, the International Business Group faced challenges, with revenue declining 16.8% to NT$2.20 billion due to reduced demand for international fixed voice services and softening roaming revenues. This segment appears to be facing structural headwinds that merit monitoring.

Profitability metrics were solid, with operating income increasing 5.2% to NT$12.54 billion and net income attributable to stockholders rising 3.5% to NT$10.17 billion. The operating margin slightly improved to 22.1% from 22.0% in the prior year, while EBITDA increased 3.5% to NT$22.58 billion. This indicates effective cost management despite growing operating expenses, which increased at the same rate as revenue (4.8%).

The subscriber metrics reveal interesting trends. Mobile subscribers declined 2.2% to 13.13 million, yet mobile service revenue increased 2.0%, indicating improved monetization per customer. Fixed broadband subscribers increased slightly by 0.7% to 4.44 million, with ARPU growing 1.9% to NT$804. This suggests successful upselling of higher-tier services, confirming management's comments about higher-speed plan adoption.

Cash flow metrics show slight pressure, with operating cash flow decreasing 0.2% and cash/equivalents declining 7.1% compared to the prior year. While not alarming, this warrants attention if the trend continues in future quarters.

Overall, Chunghwa Telecom's Q2 results demonstrate resilient core telecom operations combined with successful diversification into enterprise ICT services, helping the company navigate the challenging evolution of the telecommunications industry. The company appears well-positioned to capitalize on growing demand for advanced connectivity and digital solutions despite global economic uncertainties and geopolitical risks.

TAIPEI, Aug. 5, 2025 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the second quarter of 2025. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("T-IFRSs") on a consolidated basis.

(Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.)

Second Quarter 2025 Financial Highlights

  • Total revenue increased by 4.8% to NT$ 56.73 billion.
  • Consumer Business Group revenue increased by 1.4% to NT$ 34.07 billion.
  • Enterprise Business Group revenue increased by 12.4% to NT$ 18.98 billion.
  • International Business Group revenue decreased by 16.8% to NT$ 2.20 billion.
  • Total operating costs and expenses increased by 4.8% to NT$ 44.19 billion.
  • Operating income increased by 5.2% to NT$ 12.54 billion.
  • EBITDA increased by 3.5% to NT$ 22.58 billion.
  • Net income attributable to stockholders of the parent increased by 3.5% to NT$ 10.17 billion.
  • Basic earnings per share (EPS) was NT$1.31.
  • Total revenue, operating income, net income attributable to stockholders of the parent and EPS all exceeded the upper end of our proposed guidance.

"We're proud to deliver another outstanding quarter, with results exceeding the upper end of our guidance across revenue, operating income, net income attributable to stockholders of the parent, and EPS," stated Mr. Chih-Cheng Chien, Chairman and CEO of Chunghwa Telecom. "Second quarter revenue reached a ten-year high for the same period, driven by robust growth in our core telecom services and enterprise ICT business. Despite ongoing global economic uncertainty, evolving geopolitical risks, and the rapid pace of digital transformation, our performance underscores the strength of our business model, the agility of our organization, and our ability to capitalize on emerging opportunities."

"Chunghwa continued to lead the mobile market, achieving record highs in both subscriber and revenue share," said Mr. Rong-Shy Lin, President of Chunghwa Telecom. "In fixed broadband, higher-speed plan adoption and bundled service offerings drove further ARPU expansion. We also saw broad-based growth across consumer allocation services, including multi-play packages, video content, and cybersecurity solutions. Our Enterprise Business Group delivered a standout quarter, with total ICT revenue up 37% year-over-year, fueled by strong demand for IDC, cloud, AIoT, and 5G private networks. While our International Business Group faced temporary headwinds due to project timing, demand in Southeast Asia remained solid with new ICT contracts secured in Vietnam and Singapore. We remain focused on expanding our presence in high-growth overseas markets."

"Looking ahead, we remain confident in our strategy to position Chunghwa as a leading digital enabler in the AI era," added Mr. Lin. "From launching major submarine cable systems and scaling LEO satellite connectivity, to being upgraded to MSCI ESG 'AAA' and receiving prestigious data center awards, we are building a future-ready infrastructure that ensures resilient, secure, and intelligent connectivity—both in Taiwan and globally. These advancements reinforce our industry leadership and create sustainable, long-term value for our shareholders."

Revenue
Chunghwa Telecom's total revenues for the second quarter of 2025 increased by 4.8% to NT$ 56.73 billion.

Consumer Business Group's revenue for the second quarter of 2025 increased by 1.4% YoY to NT$ 34.07 billion, with its income before tax increased 4.8% YoY. The remarkable performance was mainly driven by steady growth in both mobile and fixed broadband ARPU. In addition to stable performance of core service revenues, CBG also benefited from higher smartphone sales, as consumers accelerated purchases in anticipation of potential tariff fluctuations.

Enterprise Business Group's revenue for the second quarter of 2025 increased 12.4% YoY to NT$ 18.98 billion, mainly driven by our robust growth in ICT business, which saw a 37% year-over-year increase in revenue, fueled by the strong performance of our emerging services. As a result, EBG reported a robust 5.4% increase in income before tax during the quarter.

International Business Group's revenue for the second quarter of 2025 decreased by 16.8% to NT$ 2.20 billion, while its income before tax decreased 11.9% YoY. The decline was mainly due to reduced demand for international fixed voice services and softening international roaming revenues.

Operating Costs and Expenses 
Total operating costs and expenses for the second quarter of 2025 increased by 4.8% to NT$ 44.19 billion, mainly due to higher manpower cost and the growing ICT business.

Operating Income and Net Income
Operating income for the second quarter of 2025 increased by 5.2% to NT$ 12.54 billion. The operating margin was 22.1%, as compared to 22.0% in the same period of 2024. Net income attributable to stockholders of the parent increased by 3.5% to NT$ 10.17 billion. Basic earnings per share was NT$1.31.

Cash Flow and EBITDA
Cash flow from operating activities, as of June 30th, 2025, decreased by 0.2% year over year to NT$ 29.16 billion.

Cash and cash equivalents, as of June 30th, 2025, decreased by 7.1% to NT$ 35.05 billion as compared to that as of June 30th, 2024.

EBITDA for the second quarter of 2025 was NT$ 22.58 billion, increasing by 3.5% year over year. EBITDA margin was 39.80%, as compared to 40.31% in the same period of 2024.

Business Highlights

Mobile
As of June 30th, 2025, Chunghwa Telecom had 13.13 million mobile subscribers, representing a 2.2% year-over-year decrease. In the second quarter, total mobile service revenue increased by 2.0% to NT$ 17.06 billion, while mobile post-paid ARPU excluding IoT SIMs maintained stable and flat year over year at NT$ 556.

Fixed Broadband/HiNet
As of June 30th, 2025, the number of broadband subscribers slightly increased by 0.7% to 4.44 million. The number of HiNet broadband subscribers increased by 1.3% to 3.77 million. In the second quarter, total fixed broadband revenue grew 1.8% year over year to NT$ 11.59 billion, while ARPU increased 1.9% to NT$ 804.

Fixed line
As of June 30th, 2025, the number of fixed-line subscribers was 8.77 million.

Financial Statements
Financial statements and additional operational data can be found on the Company's website at

NOTE CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about Chunghwa's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to the risks outlined in Chunghwa's filings with the U.S. Securities and Exchange Commission on Forms F-1, F-3, 6-K and 20-F, in each case as amended. The forward-looking statements in this press release reflect the current belief of Chunghwa as of the date of this press release and Chunghwa undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date, except as required under applicable law.

This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements.

NON-GAAP FINANCIAL MEASURES
To supplement the Company's consolidated financial statements presented in accordance with International Financial Reporting Standards pursuant to the requirements of the Financial Supervisory Commission, or T-IFRSs, Chunghwa Telecom also provides EBITDA, which is a "non-GAAP financial measure". EBITDA is defined as consolidated net income (loss) excluding (i) depreciation and amortization, (ii) total net comprehensive financing cost (which is comprised of net interest expense, exchange gain or loss, monetary position gain or loss and other financing costs and derivative transactions), (iii) other income, net, (iv) income tax, (v) (income) loss from discontinued operations.

In managing the Company's business, Chunghwa Telecom relies on EBITDA as a means of assessing its operating performance because it excludes the effect of (i) depreciation and amortization, which represents a non-cash charge to earnings, (ii) certain financing costs, which are significantly affected by external factors, including interest rates, foreign currency exchange rates and inflation rates, which have little or no bearing on our operating performance, (iii) income tax (iv) other expenses or income not related to the operation of the business. 

CAUTIONS ON USE OF NON-GAAP FINANCIAL MEASURES
In addition to the consolidated financial results prepared under T-IFRSs, Chunghwa Telecom also provide non-GAAP financial measures, including "EBITDA". The Company believes that the non-GAAP financial measures provide investors with another method for assessing its operating results in a manner that is focused on the performance of its ongoing operations.

Chunghwa Telecom's management believes investors will benefit from greater transparency in referring to these non-GAAP financial measures when assessing the Company's operating results, as well as when forecasting and analyzing future periods. However, the Company recognizes that:

  • these non-GAAP financial measures are limited in their usefulness and should be considered only as a supplement to the Company's T-IFRSs financial measures;
  • these non-GAAP financial measures should not be considered in isolation from, or as a substitute for, the Company's T-IFRSs financial measures;
  • these non-GAAP financial measures should not be considered to be superior to the Company's T-IFRSs financial measures; and
  • these non-GAAP financial measures were not prepared in accordance with T-IFRSs and investors should not assume that the non-GAAP financial measures presented in this earnings release were prepared under a comprehensive set of rules or principle.

Further, these non-GAAP financial measures may be unique to Chunghwa Telecom, as they may be different from non-GAAP financial measures used by other companies. As such, this presentation of non-GAAP financial measures may not enhance the comparability of the Company's results to the results of other companies. Readers are cautioned not to view non-GAAP results as a substitute for results under T-IFRSs, or as being comparable to results reported or forecasted by other companies.

About Chunghwa Telecom
Chunghwa Telecom (TAIEX 2412, NYSE: CHT) ("Chunghwa" or "the Company") is Taiwan's largest integrated telecommunications services company that provides fixed-line, mobile, broadband, and internet services. The Company also provides information and communication technology services to corporate customers with its big data, information security, cloud computing and IDC capabilities, and is expanding its business into innovative technology services such as IoT, AI, etc. Chunghwa has been actively and continuously implemented environmental, social and governance (ESG) initiatives with the goal to achieve sustainability and has won numerous international and domestic awards and recognitions for its ESG commitments and best practices. For more information, please visit our website at

Contact: Angela Tsai
Phone: +886 2 2344 5488
Email: [email protected]

Cision View original content:

SOURCE Chunghwa Telecom

FAQ

What were Chunghwa Telecom's (CHT) key financial results for Q2 2025?

CHT reported total revenue of NT$ 56.73 billion (up 4.8%), operating income of NT$ 12.54 billion (up 5.2%), and net income of NT$ 10.17 billion (up 3.5%), with EPS of NT$1.31.

How did Chunghwa Telecom's Enterprise Business Group perform in Q2 2025?

The Enterprise Business Group revenue increased 12.4% to NT$ 18.98 billion, driven by 37% year-over-year growth in ICT business, with income before tax growing 5.4%.

What was Chunghwa Telecom's mobile subscriber base and ARPU in Q2 2025?

CHT had 13.13 million mobile subscribers (down 2.2% YoY), with mobile post-paid ARPU remaining stable at NT$ 556 excluding IoT SIMs.

How did Chunghwa Telecom's International Business Group perform in Q2 2025?

The International Business Group saw revenue decrease 16.8% to NT$ 2.20 billion, with income before tax declining 11.9% YoY due to reduced international fixed voice services and roaming revenues.

What was Chunghwa Telecom's broadband performance in Q2 2025?

Fixed broadband revenue grew 1.8% to NT$ 11.59 billion, with subscribers increasing 0.7% to 4.44 million and ARPU rising 1.9% to NT$ 804.
Chunghwa Telecom

NYSE:CHT

CHT Rankings

CHT Latest News

CHT Latest SEC Filings

CHT Stock Data

33.95B
775.74M
2.39%
0.06%
Telecom Services
Communication Services
Taiwan
Taipei