According to the Taipei Times on February 16, , thanks to the revenue contribution of 5G users, the three major communications operators in Taiwan Province of my country announced net profits that exceeded their respective expectations last month.
"Zhonghua Telecom" said last month that its net profit rose 2.2% from the same period last year to NT$3.16 billion (US$113.29 million), and it is expected that the earnings per share will close for the quarter of NT$1.08-1.10, higher than the average earnings per share in the first quarter.
"The core business continues to grow," the company said in a statement on the 14th. "The growth of 5G users supports the average revenue per user (ARPU) after payment) and mobile service revenue."
In the fourth quarter of last year, the average revenue per user (ARPU) of "China Telecom" rose from NT$722 when it launched 5G services in the second quarter of 2020 to NT$755 for the ninth consecutive quarter. Revenue last month increased by 1.2% year-on-year to NT$17.42 billion, surpassing the average revenue of NT$17.18 billion in January.
"Compared with the company's first-quarter financial forecast, revenue, operating profit, pre-tax profit and earnings per share all exceeded the company's expectations." "Zhonghua Telecom" said its goal is to increase 5G penetration from 20% last year to 30% this year.
Taiwan Province Big Brothers Corporation ("Taiwan Big Brothers") said last month that its net profit increased by 8.1% year-on-year to NT$940 million and its earnings per share was RMB 0.33. The company said its 5G, e-commerce and home broadband businesses are the three major growth drivers. Revenue grew 13.2% to NT$14.13 billion, of which mobile service revenue increased by 2% annually and e-commerce revenue increased by 28%.
Yuanchuan Telecom Co., Ltd. (Yuanchuan Telecom) said that last month's net profit was NT$767 million and earnings per share was NT$0.24, mainly due to the growth of mobile, information and communications and technology services businesses. The company said that strong sales of 5G smartphones during the Spring Festival have accelerated the pace of users upgrading 5G services. Its average revenue per user (ARPU) has increased for 11 consecutive months.
(Compiled by Tu Lihui)
