Date:Oct 08,2015
TWM announced September consolidated revenue of NT$8.95bn, EBITDA was NT$2.92bn with an operating income of NT$1.77bn and net income of NT$1.43bn. EPS was NT$0.52. For the first nine months of 2015, TWM reported a consolidated revenue of NT$85.61bn, an EBITDA of NT$24.48bn, an operating income of NT$14.43bn and a net income of NT$11.92bn. EPS for the first nine months was NT$4.38.
Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that, in September, total revenue decreased on a YoY basis as handset sales revenue was unable to match last year’s higher base that was driven by the sales of the iPhone 6/6 Plus whereas the new iPhone launch this year is scheduled for October. Accordingly, expenditures also fell since handset subsidies for the month were lower compared to the same period last year. Thus, that, along with growth in both 4G subscribers and postpaid ARPU, resulted in consolidated EBITDA and net income increasing 10% and 18% YoY, respectively. Overall, cumulative net income for the first nine months reached 86% of the full-year guidance.
Taiwan Mobile Consolidated Results (Unaudited)
NT$mn |
Sept 2015 |
Sept 2014 |
Jan.-Sept 2015 |
Jan.-Sept 2014 |
Revenue |
8,948 |
9,475 |
85,610 |
82,430 |
Operating Revenue1 |
7,656 |
7,676 |
69,641 |
68,291 |
Handset Sales Revenue |
1,292 |
1,799 |
15,969 |
14,139 |
EBITDA |
2,917 |
2,656 |
24,482 |
24,040 |
Operating income |
1,769 |
1,623 |
14,432 |
15,592 |
Pre-tax income |
1,704 |
1,460 |
14,028 |
14,814 |
Net income |
1,425 |
1,211 |
11,919 |
11,959 |
EPS (NT$) |
0.52 |
0.45 |
4.38 |
4.45 |