Dec 08,2017

TWM announced November consolidated revenue of NT$11.34bn. EBITDA was NT$2.64bn with an operating income of NT$1.48bn and net income of NT$1.11bn. EPS was NT$0.41. For the first eleven months of 2017, TWM reported a consolidated revenue of NT$106.56bn, an EBITDA of NT$30.28bn, an operating income of NT$17.75bn and a net income of NT$13.99bn. EPS for the first eleven months was NT$5.14.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that, in November, consolidated revenues grew 11% YoY. Strong sales of the iPhone X helped boost handset sales revenue growth. Separately, momo, aided by successful marketing and the implementation of the new automated logistics center, achieved pronounced sales growth during the Double 11 Singles’ Day Festival, registering a record high e-commerce revenue with an increase of 56% YoY. Excluding the domestic roaming business, EBITDA this month grew 4% over the same period last year. Overall, year-to-November EPS of NT$5.14 has reached 97% of its full-year forecast.

NT$mn

Nov. 2017

Nov. 2016

Jan.-Nov. 2017

Jan.-Nov. 2016

Revenue

11,339

10,228

106,559

106,278

   Operating revenue1

8,956

8,196

89,083

87,774

   Device sales revenue2

2,383

2,032

17,475

18,505

EBITDA

2,642

2,692

30,276

31,191

Operating income

1,482

1,523

17,749

18,502

Pre-tax income

1,426

1,502

17,310

17,970

Net income

1,110

1,199

13,994

14,376

EPS (NT$)

                0.41

                0.44

                 5.14

                 5.28

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

Note 2: Including handset, accessories, 3C products, etc.