Chunghwa Telecom projects modest revenue growth for 2025

Published 22/01/2025, 13:22
Chunghwa Telecom projects modest revenue growth for 2025

TAIPEI - Chunghwa Telecom Co (NYSE:CHT)., Ltd. (TAIEX: 2412, NYSE: CHT), Taiwan's largest telecommunications operator, with a market capitalization of $29.2 billion, has announced its financial guidance for 2025, projecting a revenue increase of 1.2% to 1.6%, reaching NT$232.74 to NT$233.74 billion. This growth forecast builds upon the company's recent performance, which showed a 2.58% revenue increase in the last twelve months. According to InvestingPro analysis, the company maintains a GOOD financial health score, supported by strong fundamentals and a generous 3.85% dividend yield.

The company anticipates operating costs and expenses to rise by 2.4%, amounting to NT$187.58 to NT$187.65 billion, due to investments in infrastructure, talent, and operational enhancements for network resilience and security. Despite these increased costs, the company maintains a strong balance sheet with a conservative debt-to-equity ratio of 0.12 and an impressive Altman Z-Score of 8.65, indicating robust financial stability. Income from operations is forecasted to decrease slightly by 0.3% to 3.4%, with operating income ranging between NT$45.30 and NT$46.72 billion.

Projected net income attributable to shareholders is estimated to be between NT$35.84 and NT$37.39 billion, with earnings per share (EPS) at NT$4.62 to NT$4.82, indicating a possible decrease or marginal increase compared to the previous year. The stock currently trades at a P/E ratio of 26.22, and InvestingPro analysis suggests the stock is slightly overvalued at current levels. Discover more insights and 12+ additional key metrics with an InvestingPro subscription.

Chunghwa Telecom (BCBA:TECO2m)'s capital expenditures, particularly in property, plant, and equipment, are expected to increase by NT$3.37 billion to NT$32.36 billion, driven by investments in AI data centers, submarine cable construction, 5G network deployment, and ESG initiatives.

Chairman Chien has outlined a management philosophy emphasizing simplification, pragmatism, and intelligence, aiming to ensure stable growth and a strong position in emerging markets and new technologies. The company's focus on "Sustainable Future," "Smart Empowerment," and "Digital Resilience" aligns with global ESG trends, AI advancements, and national policies.

Chunghwa Telecom's forward-looking statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. The company cautions that these statements are not guarantees of future performance.

The guidance is based on a press release statement and has not been independently verified. Investors are advised to consider the inherent uncertainties associated with forward-looking statements.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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