Chunghwa Telecom Expects FY25 Revenue Growth Of 1.2%-1.6% YoY Vs $6.79B Est, EPS Growth Of (3.8%)~0.4% YoY Vs $1.47 Est
2025 Guidance
For 2025, the Company expects its total revenue to increase by NT$ 2.71~NT$3.71 billion, or 1.2%~1.6%, to NT$232.74~NT$233.74 billion as compared to the un-audited consolidated total revenue of 2024. Operating costs and expenses for 2025 are expected to increase by NT$4.31~NT$4.38 billion, or 2.4%, to NT$187.58~NT$187.65 billion as compared to the prior year. Income from operations is expected to decrease by NT$0.16~NT$1.58 billion, or-0.3%~3.4% to NT$45.30~NT$46.72 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and earnings per share are expected to be NT$46.11~NT$47.88 billion, NT$35.84~NT$37.39 billion and NT$4.62~NT$4.82, respectively, representing a decrease of NT$1.65 to an increase of NT$0.12 billion, a decrease of NT$1.37 to an increase of NT$ 0.18 billion and a decrease of NT$0.18 to an increase NT$0.02 respectively, year over year.
Acquisition of Property, Plant and Equipment in 2025 is expected to increase by NT$3.37 billion to NT$32.36 billion as compared to the prior year, owing to the expansion of AI internet data center, new construction of submarine cable, the investments in 5G deployment to maintain a competitive edge, enhance the network resilience and security, and the elimination of energy-intensive equipment to realize ESG practices.
| (NT$ billion except EPS) | 2025(F) | 2024 (un-audited) |
change | YoY(%) |
| Revenue | 232.74~233.74 | 230.03 | 2.71~3.71 | 1.2%~1.6% |
| Operating Costs and Expenses | 187.58~187.65 | 183.27 | 4.31~4.38 | 2.4 % |
| Other Income and Expense | 0.13~0.63 | 0.12 | 0.01~0.51 | 8.6%~419.0% |
| Income from Operations | 45.30~46.72 | 46.88 | (1.58)~(0.16) | (3.4%)~(0.3%) |
| Non-operating Income | 0.81~1.16 | 0.88 | (0.07)~0.28 | (8.0%)~31.8% |
| Income before Income Tax | 46.11~47.88 | 47.76 | (1.65)~0.12 | (3.5%)~0.3% |
| Net Income Attributable to Stockholders of The Parent |
35.84~37.39 | 37.21 | (1.37)~0.18 | (3.7%)~0.5% |
| EPS(NT$) | 4.62~4.82 | 4.80 | (0.18)~0.02 | (3.8%)~0.4% |
| EBITDA | 86.04~87.46 | 86.50 | (0.46)~0.96 | (0.5%)~1.1% |
| EBITDA Margin | 37.0%~37.4% | 37.6 % | (0.6%)~(0.2%) | |
| Acquisition of Material Assets | 35.37 | 30.24 | 5.13 | 17.0 % |
| Acquisition of Property, Plant and Equipment and Intangible Assets |
32.36 | 28.99 | 3.37 | 11.6 % |
| Others | 3.01 | 1.25 | 1.76 | 140.8 % |
| Disposal of Material Assets | - | 0.02 | (0.02) | (100 %) |