Date:Sep 08,2017

TWM announced August consolidated revenue of NT$9.56bn. EBITDA was NT$2.77bn with an operating income of NT$1.63bn and net income of NT$1.45bn. EPS was NT$0.53. For the first eight months of 2017, TWM reported a consolidated revenue of NT$75.62bn, an EBITDA of NT$22.29bn, an operating income of NT$13.24bn and a net income of NT$10.54bn. EPS for the first eight months was NT$3.87.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that, in August, momo’s ecommerce business dazzled by growing 32% YoY while mobile value-added service revenue continued to grow. In addition, cable TV revenue saw an increase from the previous month while remaining flat on a YoY basis. Thus, EBITDA and operating income increased 1% and 3% YoY, respectively, if the domestic internet business were excluded. Overall, year-to-August EPS of NT$3.87 has reached 73% of its full-year forecast.

NT$mn

Aug. 2017

Aug. 2016

Jan.-Aug. 2017

Jan.-Aug. 2016

Revenue

9,558

9,564

75,619

76,590

   Operating Revenue1

8,203

8,035

64,063

63,796

   Handset Sales Revenue

1,355

1,529

11,556

12,794

EBITDA

2,772

2,879

22,295

22,909

Operating income

1,630

1,719

13,237

13,690

Pre-tax income

1,599

1,729

12,934

13,298

Net income

1,454

1,402

10,539

10,643

EPS (NT$)

             0.53

             0.51

              3.87

               3.91

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