Reported about 1 year ago
Three major telecom companies in Taiwan reported robust revenue and profit figures for the month of May. Chunghwa Telecom reached a six-year high in monthly revenue at 18.08 billion NTD, Taiwan Mobile benefited from ahead-of-schedule integration progress, driving telecom operating profits over 1 billion NTD with a 16% year-on-year growth, and Far EasTone demonstrated synergies from mergers with a 17.4% year-on-year increase in net profit, marking a new high since September 2016. The article highlights the positive impacts of core business revenue growth, increasing 5G users, and successful integration efforts on their financial performance.
Source: YAHOO