Nov 09,2018

TWM announced October consolidated revenue of NT$9.78bn. EBITDA was NT$2.56bn with an operating income of NT$1.45bn and a net income of NT$1.07bn. EPS was NT$0.39. For the first ten months of 2018, TWM reported a consolidated revenue of NT$96.95bn, an EBITDA of NT$26.67bn, an operating income of NT$15.34bn and a net income of NT$11.62bn. EPS for the first ten months was NT$4.27, reaching 85% of its full year forecast.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, said that in October, e-commerce revenue continued its strong growth by increasing 26% YoY. ICT (Information and Communication Technology) related project revenue also increased significantly YoY. Separately, mobile value-added service revenue showed steady growth and the company remained committed to cost control efforts in handset subsidies and channel commissions. Overall, under the basis of pre-IFRS 15 adoption, core EBITDA in October increased by 3.6% YoY. For the first ten months of the year, core EBITDA increased by 5.2% compared to the same period last year.