Date:Jun 09,2017

TWM announced May consolidated revenue of NT$9.41bn. EBITDA was NT$2.80bn with an operating income of NT$1.67bn and net income of NT$1.31bn. EPS was NT$0.48. For the first five months of 2017, TWM reported a consolidated revenue of NT$47.28bn, an EBITDA of NT$14.0bn, an operating income of NT$8.37bn and a net income of NT$6.56bn. EPS for the first five months was NT$2.41.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that, in May, momo performed solidly and TWM registered growth in mobile value-added services and new business. Thus, year-to-May net profit increased 1% YoY. In addition, year-to-May EPS of NT$2.41 has reached 46% of its full-year forecast.

Taiwan Mobile Consolidated Results (Unaudited)

NT$mn

May 2017

May 2016

Jan.-May 2017

Jan.-May 2016

Revenue

9,412

9,457

47,276

48,350

   Operating Revenue1

8,008

8,016

39,878

39,861

   Handset Sales Revenue

1,404

1,441

7,398

8,489

EBITDA

2,801

2,976

13,999

14,179

Operating income

1,670

1,816

8,370

8,443

Pre-tax income

1,653

1,793

8,165

8,147

Net income

1,312

1,427

6,558

6,479

EPS (NT$)

0.48

0.52

2.41

2.38

Note 1: Derived from deducting handset sales revenue from the total revenue