0001193125-26-215580
SEC filingChunghwa Telecom reported Q1 2026 results with net income of NT$10.6 billion under Taiwan-IFRSs and NT$10.1 billion under IFRSs, reflecting differences in revenue recognition and tax timing.
Chunghwa Telecom reported its first quarter 2026 consolidated financial results, prepared under both Taiwan-IFRSs and IFRSs. Under Taiwan-IFRSs, the company achieved consolidated net income of NT$10,607,722 thousand (NT$10.6 billion), up from NT$10,195,811 thousand in the same period last year, representing a 4.0% increase. Net income attributable to stockholders of the parent was NT$10,109,931 thousand, with basic earnings per share of NT$1.30, compared to NT$1.26 in Q1 2025. Under IFRSs, net income was NT$10,122 million (NT$10.1 billion), with basic EPS of NT$1.24, versus NT$9,732 million and NT$1.20 in the prior year. The differences between the two accounting frameworks primarily stem from the timing of income tax recognition on unappropriated earnings and historical revenue recognition practices for fixed-line connection fees and prepaid phone cards. Revenue for the quarter was NT$59,988,435 thousand, up from NT$55,808,409 thousand, driven by growth in core telecom services. Operating income increased to NT$13,104,526 thousand from NT$12,522,686 thousand, reflecting improved operational efficiency. The company's balance sheet remains strong, with total assets of NT$547.8 billion (Taiwan-IFRSs) and equity of NT$411.4 billion. The financial statements were reviewed by PricewaterhouseCoopers Taiwan, which issued an unqualified review conclusion. No forward guidance was provided in the filing.