Taiwan Mobile announced FY18 preliminary consolidated revenue of NT$118.73bn, EBITDA of NT$31.72bn, operating income of NT$18.16bn and net income of NT$13.64bn. EPS of NT$5.01 was in-line with management guidance and was the highest in the domestic telecom industry for the 7th consecutive year. Our e-commerce business momo continued its high growth momentum in 2018. Mobile value-added services, cloud services, IoT and ICT services also grew stronger as the year progressed. With sound cost and expense control, TWM’s core businesses maintained steady growth throughout. Overall, under the basis of pre-IFRS 15 adoption, core EBITDA for the year increased by 5.2% on a year-over-year basis.
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