Taiwan Mobile announced March 2019 unaudited consolidated revenue of NT$9.93bn, operating income of NT$1.40bn, net profit of NT$1.04bn, and EPS of NT$0.38. Year to March accumulated unaudited consolidated figures were NT$29.87bn in revenue, NT$4.23bn in operating income, and NT$3.07bn in net profit. EPS of NT$1.13 for the first quarter reached 108% of its management guidance.
Rosie Yu, Chief Financial Officer and Spokesperson, commented that in March, momo’s e-commerce revenue increased by 24% YoY, driven by Women’s Day promotions and online marketing campaigns. For cable TV business, operating income grew steadily thanks to falling depreciation. The combined operating income of momo and cable TV grew by 18% YoY in March. As to telecom business, direct carrier billing saw a 28% YoY revenue growth in March aided by big data analysis. Overall, operating income for all major businesses exceeded guidance for the first quarter, as negative impact from softer mobile service revenue is mitigated by effective cost and expense control and successful business diversification.
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