Chunghwa Telecom Stock Price, News & Analysis

Chunghwa Telecom (NYSE: CHT) has announced its 2023 financial guidance, projecting a revenue increase of NT$ 4.53-6.05 billion, or 2.1%-2.8%, reaching NT$ 221.27-222.79 billion. This growth is attributed to rising mobile and broadband access revenues. However, operating costs are expected to rise by NT$ 6.60-7.30 billion, leading to a decrease in operating income by NT$ 0.85-2.17 billion. The company plans significant investment in 5G infrastructure and emerging markets, with a 2023 capital expenditure forecast of NT$ 35.31 billion. Chunghwa aims to enhance customer experience and maintain its market leadership amid industry consolidation in Taiwan.

Chunghwa Telecom (CHT) engaged in discussions with its Workers' Union on November 21 regarding salary increases amidst economic uncertainty. The company previously raised salaries by 4% in January 2022 and has implemented various employee benefits. Chunghwa's competitive compensation was highlighted, with salaries above industry peers in 2021. Despite challenging global economic conditions, Chunghwa remains committed to employee welfare, offering enhanced benefits and maintaining communication with the union to address employee concerns.

Chunghwa Telecom reported a 5.2% revenue increase for Q3 2022, reaching NT$ 53.51 billion. Consumer, enterprise, and international segments saw year-over-year growths of 3.8%, 5.1%, and 22.6% respectively. Operating income rose by 6.7% to NT$ 12.21 billion, while net income decreased slightly by 0.4% to NT$ 9.33 billion. Basic EPS was NT$ 1.20. The Company exceeded its guidance measures, driven by a robust mobile market and successful 5G migration, despite a 1.6% drop in cash flow from operating activities. Chunghwa remains confident in its leadership position in Taiwan's telecom market.

Chunghwa Telecom (CHT) announced its second quarter 2022 results, showing a total revenue increase of 5.7% to NT$ 52.44 billion. The Consumer Business Group saw a 3.3% revenue increase, while the Enterprise Business Group grew 9.4%. Net income rose 8.1% to NT$ 9.68 billion, with basic EPS at NT$ 1.25. Mobile services revenue increased by 6.1%, and fixed broadband revenue rose 3.6%. The company is expanding internationally and investing in 5G and ICT services.

On May 31, 2022, Chunghwa Telecom (CHT) signed a Memorandum of Understanding with Thonburi Hospital in Thailand to enhance healthcare services through a "Smart Hospital" initiative. This collaboration aims to support Thailand's goal of becoming a medical hub in Southeast Asia, focusing on smart ward solutions such as digital nursing stations and automated systems. CHT is expanding its ICT technology applications to improve operational efficiency, targeting the evolving healthcare landscape post-COVID-19.

Chunghwa Telecom (CHT) reported a 2.4% rise in Q1 2022 revenue, totaling NT$ 51.29 billion. The Consumer Business Group, at NT$ 32.72 billion, grew by 2.2%, while the Enterprise Group reached NT$ 15.81 billion, up 2.1%. Notable was a 13.8% surge in the International Business Group to NT$ 1.71 billion. Operating income increased 4.6% to NT$ 11.61 billion, with a net income rise of 2.5% to NT$ 9.02 billion. Cash flow from operations rose 19.8% to NT$ 11.84 billion. Mobile revenue saw a 4.9% increase, buoyed by 5G growth and a subscriber count of 11.98 million.

Chunghwa Telecom filed its 2021 Annual Report on Form 20-F with the U.S. SEC on April 15, 2022. The report is accessible online, providing investors with audited financial statements and insights into the company's operations, including its telecommunications services and innovations in areas like IoT and AI. Chunghwa is recognized for its commitment to ESG practices, garnering both domestic and international awards. For more details, stakeholders can request hard copies or contact the Investor Relations department directly.

Chunghwa Telecom (CHT) reported Q4 2021 revenue of NT$59.89 billion, a 0.7% increase, and full-year revenue of NT$210.48 billion, up 1.4%. Mobile communications saw a 9.0% rise to NT$27.20 billion, while international fixed communications revenue surged 23.7% to NT$2.64 billion. Operating expenses decreased by 3.7% to NT$48.42 billion, with net income up 5.1% to NT$8.63 billion. The company expects 2022 revenue growth of 1.1% to 1.7% and increased operating costs. CHT continues to strengthen its market position with a growing 5G subscriber base, which is expected to reach 30% penetration in 2022.