Q3 Revenue and Profit Both Beat Forecast Highs
Chunghwa Telecom announced its 2026年第三季 operating results, with consolidated revenue of 675.9億元, up 16.7% YoY. Operating profit was 153.8億元, up 27.1% YoY, EBITDA was 256.6億元, up 16.1% YoY, net profit attributable to owners of the parent company was 122.2億元, up 29.5% YoY, and EPS was 1.57元. Operating revenue, operating profit, net profit attributable to the parent company and EPS all exceeded the high end of financial forecasts, with operating margin at 22.65%, up 1.76個百分點 from the same period last year.
Stable Core, Record ICT Plus Asset Revitalization Contribution
Chairman Jian Zhicheng said third-quarter revenue, profit and EPS all beat the high end of forecasts and set new highs for the same period since 2009年. Core business grew steadily, ICT revenue also hit a new high for the same period since 2021年, plus a one-time gain from asset value revitalization related to the Qingpu development project, further boosting overall performance. President Lin Rongci noted that the core telecom business maintained its leading position in Taiwan's mobile and fixed broadband markets, and driven by smartphone user 5G penetration of nearly 50% and roaming revenue growth, overall mobile service revenue grew 2.9% YoY, while fixed broadband benefited from rising high-speed demand, with the number of users at 1Gbps and above up 52% YoY.
ICT Up 19% YoY, Resilient Network Business Grows in Tandem
The enterprise customer business group continued to serve as the growth engine, with group ICT revenue up 19% YoY, and newly signed ICT orders in the third quarter up sharply by 84% from the same period last year. Compared with full-year 2025, contracted ICT business value in the first nine months of this year has already exceeded the 1.4倍 level, driven by government flagship security projects for smart infrared surveillance and detection solutions, AIDC build-out projects driven by AI infrastructure demand, AI video analytics for smart traffic management, and self-developed digital certificate technology expanding the digital trust ecosystem. In resilient network business, benefiting from submarine cable system contributions, international circuit revenue grew 33% YoY, satellite-related revenue grew 9.8% YoY, and cumulative satellite-related contract value secured through the third quarter exceeded 2.5億元 in New Taiwan dollars.
Three Business Groups and AI and 5G Layout Outlook
Across the three major business groups, the personal and home business group posted third-quarter revenue of 373.8億元, up 6.3% YoY, benefiting from steady mobile service and fixed broadband growth and strong handset sales, with pre-tax profit up 1.4% YoY. The enterprise customer business group posted revenue of 204.6億元, up 8.2% YoY, benefiting from ICT and mobile and fixed broadband growth, although pre-tax profit fell 3.1% YoY due to higher ICT costs, seasonal personnel expenses and talent retention investment. The international business group posted revenue of 24.8億元, up 6.6% YoY, with pre-tax profit up 12.2% YoY, as strong IPLC business offset the high base effect from one-time ICT projects in the same period last year. Looking ahead, the company will prioritize 5G SA network deployment in metropolitan areas and high-traffic hotspots, targeting population coverage of over 50% by the end of 2026年 and further expansion in 2027年 with network slicing rollout, while deepening cooperation with Google, and strengthening enterprise AI and smart city deployment through its subsidiary Chunghwa Intelligent's generative AI governance and AgentHub services and the newly established Chunghwa Yaozhi, and is confident of achieving its full-year financial forecast targets.