Chunghwa Telecom Reports Un-Audited Q4 & FY 2023 Results

TL;DR

**CHT just dropped un-audited Q4 and full-year 2023 results, giving an early peek at performance.**

AI Summary

Chunghwa Telecom Co., Ltd. (NYSE: CHT) filed a 6-K on January 30, 2024, to report its un-audited consolidated operating results for the fourth quarter and full year of 2023. This filing, signed by Chief Financial Officer Yu-Shen Chen, indicates that the company is providing an early look at its financial performance for the recent periods. Investors should note that these are un-audited results, meaning they are preliminary and subject to change, which could impact the stock price if final audited figures differ significantly.

Why It Matters

This filing provides investors with an early, albeit un-audited, look at Chunghwa Telecom's financial performance for the end of 2023, offering insights into the company's operational health and potential future dividends.

Risk Assessment

Risk Level: medium — The results are un-audited, meaning they are preliminary and could change, introducing a moderate level of uncertainty for investors.

Analyst Insight

Investors should review the un-audited results for early indicators of performance but await the audited financial statements for a definitive assessment before making significant investment decisions.

Key Players & Entities

• Chunghwa Telecom Co., Ltd. (company) — the registrant reporting un-audited results
• Yu-Shen Chen (person) — Chief Financial Officer who signed the report
• January 30, 2024 (date) — date of the 6-K filing and press release

Forward-Looking Statements

• Chunghwa Telecom will release its audited full-year 2023 results within the next few months. (Chunghwa Telecom Co., Ltd.) — high confidence, target: 2024-04-30

FAQ

Key Financial Figures

• $1.06 — - Basic earnings per share (EPS) was NT$1.06. - Excluding one-time impairments, in
• $223.20 billion — - Total revenue increased by 3.0% to NT$223.20 billion. - Consumer Business Group revenue in
• $4.76 — - Basic earnings per share (EPS) was NT$4.76. - Total revenue, net income attribut
• $223.20 b — ull year of 2023 increased by 3.0% to NT$223.20 billion, mainly due to growing core busin
• $6.99 b — total revenue to increase by NT$ 5.34~NT$6.99 billion, or 2.4%~3.1%, to NT$228.54~NT$23
• $228.54 — .34~NT$6.99 billion, or 2.4%~3.1%, to NT$228.54~NT$230.19 billion as compared to the un
• $230.19 billion — 9 billion, or 2.4%~3.1%, to NT$228.54~NT$230.19 billion as compared to the un-audited consolida
• $183.30 — 09~NT$ 8.06 billion, or 4.0%~4.6%, to NT$183.30~NT$184.27 billion as compared to the pr
• $184.27 billion — 6 billion, or 4.0%~4.6%, to NT$183.30~NT$184.27 billion as compared to the prior year. Income f
• $0.15 b — y NT$ 1.12 billion, to an increase by NT$0.15 billion, or -2.4%~0.3% to NT$45.23~NT$46.
• $45.23 — by NT$0.15 billion, or -2.4%~0.3% to NT$45.23~NT$46.50 billion, year over year. Incom
• $46.50 b — 15 billion, or -2.4%~0.3% to NT$45.23~NT$46.50 billion, year over year. Income before in
• $45.90 — ders of the parent are expected to be NT$45.90~NT$47.58 billion and NT$35.66~NT$37.20
• $47.58 billion — he parent are expected to be NT$45.90~NT$47.58 billion and NT$35.66~NT$37.20 billion, respecti
• $35.66 — d to be NT$45.90~NT$47.58 billion and NT$35.66~NT$37.20 billion, respectively. Basic e

Filing Documents

• cht_6k_20240130.htm (6-K) — 134KB
• 0000950170-24-008527.txt ( ) — 135KB

Financial Statements

Financial Statements Financial statements and additional operational data can be found on the Company’s website at http://www.cht.com.tw/en/home/cht/investors/financials/quarterly-earnings NOTE CONCERNING FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about Chunghwa’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to the risks outlined in Chunghwa’s filings with the U.S. Securities and Exchange Commission on Forms F-1, F-3, 6-K and 20-F, in each case as amended. The forward-looking statements in this press release reflect the current belief of Chunghwa as of the date of this press release and Chunghwa undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date, except as required under applicable law. 8 This press release is not an o

View Full Filing

View this 6-K filing on SEC EDGAR