Home > News > Industry News > Chunghwa Telecom sees profits .....
New Products
hot Products
Certifications
DFSGS
Contact us
Contact Now

News

Chunghwa Telecom sees profits fall in 3Q16

Chunghwa Telecom (CHT) has reported net profits of NT$9.6 billion (US$303.03 million) for the third quarter of 2016, decreasing 18.7% from a year earlier. EPS for the quarter stood at NT$1.24.

Revenues for the third quarter, however, were up 4.2% to NT$58.52 billion, the company revealed at an online investors conference.

CHT said that 4G service subscribers totaled 6.23 million at the end of September, accounting for 37% of Taiwan's overall mobile service subscribers.

However, the company's capex reached only NT$12.3 billion in the first three quarters of 2016, representing a decline 20% on year and accounting for 40.2% of its capex set for the year.

The company's stock price edged down NT$0.50 to finish at NT$110.50 on the Taiwan Stock Exchange (TSE) during the October 28 session.