The chart below shows how CHT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CHT sees a -1.69% change in stock price 10 days leading up to the earnings, and a +1.63% change 10 days following the report. On the earnings day itself, the stock moves by +1.19%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Record Revenue Growth: Chunghwa Telecom achieved a record revenue of over 55 billion, marking a 3.6% increase from the same quarter last year, driven primarily by growth in the ICT business.
5G Penetration Leadership: The company reported a blended 5G penetration rate that remained the highest among peers, contributing positively to subscriber growth.
ICT Revenue Milestone: Chunghwa Telecom's total ICT revenue reached its highest since 2022, reflecting the success of its customer-centric structure.
Multiple-Play Package Growth: The company announced a significant 65% year-over-year growth in its multiple-play packages, showcasing strong demand for bundled services.
Free Cash Flow Increase: Chunghwa Telecom's free cash flow increased by 8.7% compared to the previous year, highlighting operational efficiency and effective financial management.
Negative
Income Decline Analysis: Our income from operations and net income saw slight declines of 0.8% and 1.0%, respectively.
Manpower Cost Impact: Higher manpower costs have impacted our income.
Broadcast Rights Fee Increase: We experienced increased broadcast rights fees for the Olympic Games.
Income Before Tax Decline: The decline of voice services also resulted in a year-over-year decrease of EBG's income before tax.
Asset Decline Analysis: Total assets decreased by 2.7% compared to the year-end of 2023.
Chunghwa Telecom Co., Ltd. (CHT) Q3 2024 Earnings Call Transcript
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