Sep 10,2019

Taiwan Mobile announced August 2019 unaudited consolidated revenue of NT$10.11bn, operating income of NT$1.41bn, net profit of NT$1.03bn, and EPS of NT$0.37. For the first eight months of the year, TWM reported unaudited consolidated revenue of NT$79.95bn, operating income of NT$11.43bn, net profit of NT$8.50bn and EPS of NT$3.09.

Rosie Yu, Chief Financial Officer and Spokesperson, commented that momo sustained its robust momentum with 30% YoY growth in e-commerce revenue in August, underpinning the 7% YoY growth in consolidated revenue. As part of our ongoing efforts to integrate group resources, in addition to TWM store pick-up option for momo purchases available since May, free MyMusic streaming service for momo customers with monthly spending of over NT$5000 was recently launched.

As for profitability, cable TV and momo continued to contribute soundly, with combined operating income increasing by 24% YoY in August. Coupled with stable YoY operating income performance in telecom business, consolidated operating income grew by 4%, which marked the third consecutive month of YoY growth. Overall, year to August accumulated operating income for all major businesses were in-line with management expectations and consolidated net profit reached 69% of TWM’s FY19 guidance.

Note: For more detailed operational information, please refer to:

https://english.taiwanmobile.com/english/investor/monthlyRevenue.html