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.