Chunghwa Telecom Proposes Amendment to Articles of Association
Feb 13 15
Chunghwa Telecom Co., Ltd. announced that at the 2015 annual general meeting of the company to be held on June 26, 2015, the company proposes to amend the articles of association.
Chunghwa Telecom Co., Ltd. Reports Audited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014 and Parent Earnings Results for the Year December 31, 2014; Provides Earnings Guidance for the Year 2015
Feb 13 15
Chunghwa Telecom Co., Ltd. reported audited consolidated earnings results for the fourth quarter and year ended December 31, 2014 and parent earnings results for the year December 31, 2014. For the quarter, on consolidated basis, the company reported total revenue increased by 1.4% to TWD 59.63 billion. Net income attributable to stockholders of the parent decreased by 12.6% to TWD 8.07 billion and basic earnings per share (EPS) was TWD 1.04. Income from operations decreased by 16.1% to TWD 9.40 billion. Cash flow from operating activities decreased by 4.5% to TWD 28.94 billion. Total capex decreased by 11.4% to TWD 11.59 billion, and was comprised of 47.3% domestic fixed communications, 30.1% mobile communications, 17.5% internet, 3.5% international fixed communications, and 1.6% from others.
For the year 2014, the consolidated company reported revenue of TWD 226.61 billion compared to TWD 227.98 billion, income from operations of TWD 44.80 billion compared to TWD 47.67 billion, income before income tax of TWD 46.56 billion compared to TWD 49.44 billion, net income attributable to stockholders of the parent of TWD 38.62 billion or EPS of TWD 4.97 compared to TWD 38.86 billion or EPS of TWD 5.11 for the same period last year. EBITDA was TWD 78.92 billion and acquisition of property, plant and equipment was TWD 32.56 billion compared to TWD 36.38 billion for the same period last year. Acquisition of intangible assets was TWD 644.165 million compared to TWD 39.87 billion for the same period last year. Net cash provided by operating activities was TWD 71.38 billion compared to TWD 75.29 billion for the same period last year. Total actual CapEx was TWD 32.6 billion.
For the year 2014, the parent company reported revenue of TWD 194.068 billion compared to TWD 194.173 billion, income from operations of TWD 43.420 billion compared to TWD 45.784 billion, income before income tax of TWD 45.786 billion compared to TWD 47.537 billion, net income of TWD 38.62 billion or EPS of TWD 4.97 compared to TWD 39.72 billion or EPS of TWD 5.11 for the same period last year. Acquisition of property, plant and equipment was TWD 32.682 billion compared to TWD 35.486 billion for the same period last year. Acquisition of intangible assets was TWD 567.049 million compared to TWD 39.870 million for the same period last year. Net cash provided by operating activities was TWD 69.939 billion compared to TWD 74.629 billion for the same period last year.
For the year 2015, the company expects total revenue to increase by TWD 4.48 billion, or 2.0%, to TWD 231.09 billion as compared to the audited consolidated revenue for 2014. Expected increases in revenue are due to on-going promotions for mobile Internet services, expansion of fixed-line and mobile value-added services, continued migration of broadband customers to higher speed services including 300 Mbps service and the promotion of ICT projects for enterprise customers. Increased revenue contribution from these growing businesses is expected to offset the projected decrease in voice service revenue attributed to VoIP substitution and market competition. Income from operations is expected to increase by TWD 0.25 billion, or 0.5%, year-over-year to TWD 45.05 billion. Income before income tax and net income attributable to stockholders of the parent are expected to be TWD 45.92 billion and TWD 37.50 billion, respectively, representing decreases of TWD 0.64 billion and TWD 1.12 billion, respectively. Earnings per share is expected to decrease to TWD 4.83. CAPEX for 2015 is expected to decrease by TWD 1.86 billion, or 5.7%, to TWD 30.7 billion as compared to the prior year period. The decrease is primarily due to the continuous focus on precision construction and investment, especially in businesses with the growth potential as well as the enhancement of utilization efficiency of existing equipment. The company expects EBITDA of 80.02 billion.
Chunghwa Telecom Co., Ltd. Announces Executive Changes
Feb 12 15
Chunghwa Telecom Co., Ltd. announced that replacement of representative juristic-person director. Jian-Yu Chen; Minister of the Ministry of Transportation and Communications replaced with Chih-Ku Fan¡ Administrative Deputy Minister of the Ministry of Transportation and Communications. Effective February 12, 2015.
Chunghwa Telecom Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Month of January 2015
Feb 10 15
Chunghwa Telecom Co., Ltd. announced unaudited consolidated earnings results for the month of January 2015. For the period, the company reported revenue of TWD 19.33 billion compared to TWD 19.31 billion a year ago. Operating income was TWD 4.15 billion compared to TWD 4.02 billion a year ago. Net income attributable to stockholders of the parent company was TWD 3.57 billion compared to TWD 3.46 billion a year ago. EBITDA was TWD 7 billion compared to TWD 6.78 billion a year ago. EPS was TWD 0.46 compared to TWD 0.45 a year ago. Pretax income was TWD 4.31 billion, an increase of 0.9% year-over-year.
Chunghwa Telecom Co., Ltd. and Acer Partner on Business Communications Services
Jan 26 15
Chunghwa Telecom Co., Ltd. and Acer have signed a memorandum of understanding to jointly offer integrated communication services for enterprises and government organizations in Taiwan. Initial products will be available in the first half of this year. The integrated offering will combine CHT's telecom and cloud computing technologies with Acer's resources. Acer will develop the hardware and both companies will jointly develop the software included in the platform. The offer will cover instant messenger software, teleconferencing systems and VoIP (voice over IP) services.