A promotional event held by Taiwan Mobile in Taipei. (Photo/Li Kai-ming)
Taiwan Mobile led Taiwan's three biggest telecom companies in earnings per share in October, edging out Chunghwa Telecom for the top spot.
Taiwan Mobile had earnings per share of NT$0.47 (US$0.016) for the month, ahead of Chunghwa Telecom's NT$0.46 (US$0.015) and Far EasTone Communications' NT$0.30 (US$0.010).
The company reported on Friday consolidated revenues of NT$8.26 billion (US$285 million) and after-tax net profit of NT$1.28 billion (US$44.2 million) for October.
On Monday, Chunghwa Telecom announced unconsolidated revenues of NT$15.69 billion and after-tax net income of NT$3.56 billion (US$122.8 million), while Far EasTone reported NT$7.22 billion (US$249.1 million) in consolidated revenues and NT$977 million (US$33.71 million) in after-tax net income.
The October's figures brought Taiwan Mobile's consolidated revenue in the first 10 months of 2012 to NT$80.48 billion (US$2.77 billion) and its earnings before interest, taxes, depreciation and amortization to NT$23.39 billion (US$807.1 million).
That resulted in after-tax net income of NT$12.46 billion (US$429.9 million) over the period and EPS of NT$4.63 (US$0.159), higher than Chunghwa Telecom's EPS of NT$4.45 (US$0.153) and Far EasTone's EPS of NT$2.81 (US$0.097) for the January-October period.
Although Chunghwa Telecom's earnings per share lagged slightly behind that of Taiwan Mobile, the company said it was 88% of what it predicted for the whole year, while Taiwan Mobile's earnings per share was 87% of its full-year target.