Taiwan-based Chunghwa Telecom ended 2023 on a high, booking growth in mobile sales, subscribers and post-paid ARPU during Q4, with service revenue climbing for a 33rd consecutive month during December 2023.
Chairman and CEO Kuo Shui-Yi noted revenue and accumulated earnings exceeded the high-end target of its full-year guidance, hitting a six-year high and achieving year-on-year growth for four consecutive years.
Net profit attributable to shareholders fell 1.7 per cent to TWD8.3 billion ($267.3 million), due to an impairment loss on equipment from the phase-out of its 3G network and a booked loss on investment property.
Total revenue rose 4 per cent to TWD61.9 billion.
Mobile service revenue increased 5.3 per cent to TWD14 billion, aided by growth in international roaming.
Blended ARPU was flat at TWD422: the post-paid figure rose 4.2 per cent to TWD547 on uptake of higher-priced 5G plans.
Its mobile user base increased 4 per cent to 13.1 million.
Enterprise sales rose 2.4 per cent to TWD21.7 billion, with cloud revenue up 60 per cent.
The post Chunghwa makes mobile gains, profit stutters appeared first on Mobile World Live.
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