Knowing China through Taiwan

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Taiwan Mobile leads local telecom companies in earnings per share

  • CNA
  • 2012-11-14
  • 10:47 (GMT+8)
A promotional event held by Taiwan Mobile in Taipei. (Photo/Li Kai-ming)

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.

Who's Who

  • Liu Qi (劉淇)

    Liu Qi (劉淇)

    Liu Qi is the deputy director of the Communist Party's Central Guidance Committee on Ethical and Cultural Construction. He was the party secretary of ...