Taiwan market: Chunghwa Telecom reports better-than-expected profit for 2009

Chunghwa Telecom (CHT) on January 11 reported unaudited net profit of NT$43.785 billion (US$1.335 billion) for 2009 and net earnings per share (EPS) of NT$4.51, which is 2.97% higher than its original goal of NT$4.38.

CHT had about 1.64 million FTTx (fiber to the home/building) subscribers and 370,000 ADSL subscribers at download speeds of 8Mbps or above as of the end of December 2009, the company indicated.

Taiwan Mobile (TWM) and Far EasTone Telecommunications (FET) have also released their financial figures for December 2009.

CHT: Financial performance, December 2009 (NT$b)

Item


Dec 2009


2009

Revenues


16.442


184.034

Net operating profit


3.598


55.267

Net profit


3.180


43.785

Source: Company, compiled by Digitimes, January 2010

CHT: Revenues breakdown, 2009 (NT$b)

Category of services


Amount

Mobile communications (including sales of handsets and data cards)


74.103

Domestic fixed-line communications


Local


33.218

Domestic long-distance


7.402

ADSL and FTTx


31.004

Internet and value-added


22.848

International fixed-line communications


15.253

Others


0.206

Aggregate


184.034

Source: Company, compiled by Digitimes, January 2010

TWM and FET: Financial performance, December 2009 (NT$b)

Item


TWM


FET

December 2009


2009


December 2009


2009

Consolidated revenues


5.74


68.47


5.011


60.062

Net operating profit


1.76


20.45


1.124


12.431

Net profit


1.09


13.89


0.739


9.230

Net EPS (NT$)


0.36


4.66


0.23


2.83