Double-Digit Monthly Profit Growth
Taiwan Mobile reported its self-compiled October operating results, with monthly consolidated revenue of 17.07 billion, operating income of 2.09 billion, net income after tax of 1.50 billion, and after-tax earnings per share of 0.48. Driven by strong performance in the telecom business and AI operating leverage, monthly consolidated operating income grew 30% year-on-year, the highest growth rate this year, while net income after tax grew 32% year-on-year. The company said its three-tier growth flywheel is running at full speed, serving as the main driver of profit growth.
Three Telecom Indicators Hit Record Highs Together
In the telecom business, telecom revenue, telecom EBITDA and telecom operating income all set new monthly historical highs, growing 13%, 18% and 40% year-on-year respectively. Continued replacement demand for the new generation of flagship iPhone models kept monthly merchandise sales revenue growing at a double-digit year-on-year rate. The home broadband business grew steadily, driving household business revenue up 16% year-on-year. On the enterprise side, AIDC steadily contributed revenue, while recognition of enterprise ICT project revenue this month boosted enterprise service revenue growth.
New Technology Businesses Expand Steadily
In new technology businesses, the game distribution business posted monthly revenue growth of 8% year-on-year, while the brand e-commerce business continued to expand, with the second physical store of its agency brand 3COINS officially opening on November 5, further expanding operating momentum. Cumulative self-compiled consolidated revenue for the first ten months of year 115 reached 166.64 billion, operating income reached 20.03 billion, up 17% year-on-year, net income after tax reached 14.45 billion, and after-tax earnings per share was 4.74, up 22% year-on-year. Cumulative net income after tax for the first ten months has already exceeded the full-year total of last year.
Stake in Systex to Reach 61.02% After Acquisition
Chief Financial Officer and spokesperson Chang Chia-chi said all conditions for the public tender offer for Systex Information by wholly owned subsidiary Taishin Telecom have been fulfilled, with the final number of shares validly tendered reaching 133,836,625 shares, representing approximately 49.16% of Systex issued shares. Together with Taiwan Mobile existing 11.86% stake, the total shareholding will reach 61.02% upon completion. The consideration includes approximately 12.380 billion in cash and approximately 112.4 million common shares of Taiwan Mobile. After completion, the two sides will integrate nearly 4,500 software technicians and nearly 1,000 business sales staff, combining Taiwan Mobile telecom, AI technology and enterprise customer resources with Systex information services experience across diverse industries to expand the development, sales and delivery scale of enterprise solutions and enhance market expansion and large-project execution capabilities.