Business Context and Reporting Period
This Form 6-K filing by Chunghwa Telecom Co., Ltd. covers the reporting period ending June 30, 2026, with the filing date of July 13, 2026. The report includes unaudited consolidated operating results for the month of June 2026 and the six-month period ended June 30, 2026, alongside an announcement of a strategic investment made on July 9, 2026.
Key Financial Metrics
Revenue and Profitability
- June 2026 Net Sales: NT$21.34 billion
- June 2026 Operating Income: NT$4.08 billion
- June 2026 Net Income (Parent): NT$3.55 billion
- June 2026 EBITDA: NT$7.50 billion
- June 2026 Earnings Per Share (EPS): NT$0.46
- Six Months Ended June 30, 2026 Net Sales: NT$121.35 billion
- Six Months Ended June 30, 2026 Operating Income: NT$26.36 billion
- Six Months Ended June 30, 2026 Net Income (Parent): NT$20.75 billion
- Six Months Ended June 30, 2026 EBITDA: NT$46.82 billion
- Six Months Ended June 30, 2026 EPS: NT$2.68
Liquidity and Capital
- Working Capital: NT$14,609,081 thousand (as of the date of the investment announcement)
- Funds Lent to Others: NT$0 (Parent and Subsidiaries)
Debt and Guarantees
- Accumulated Endorsements and Guarantees (Subsidiaries): NT$3,053,869 thousand
- Accumulated Endorsements and Guarantees (Parent): NT$0
Material Changes vs. Prior Period
Compared to the same periods in 2025, the company reported significant growth in sales:
- June 2026 vs. June 2025: Net sales increased by NT$2.18 billion, representing an 11.40% year-over-year increase.
- Jan-Jun 2026 vs. Jan-Jun 2025: Net sales increased by NT$8.81 billion, representing a 7.83% year-over-year increase.
The filing does not provide specific comparative figures for operating income, net income, or EBITDA for the prior year periods to calculate margin changes.
Outlook, Risks, and Unusual Items
Strategic Investment
On July 9, 2026, the company invested US$78 thousand in Catalight Capital GP, L.P. This transaction is classified as a long-term strategic investment. The counterparty is not a related party. The investment represents 0.30% of total assets and 0.39% of equity attributable to owners of the parent company.
Financial Derivatives
The company holds forward contracts for non-trading purposes:
- Non-Hedge Accounting: Outstanding position total contract amount of NT$14,749 thousand with a fair value of -NT$255 thousand. Unrealized loss recognized this year is NT$3,460 thousand.
- Hedge Accounting: Outstanding position total contract amount of NT$117,170 thousand with a fair value of -NT$1,222 thousand. Unrealized loss recognized this year is NT$4,370 thousand.
Realized gains were recognized for settled positions in both categories (NT$262 thousand and NT$2,617 thousand, respectively).
Management Commentary
The filing contains no specific management commentary, guidance, or outlook beyond the presentation of historical operating results and the strategic investment announcement.
Investor Verification Checklist
- Verify the sustainability of the 11.40% monthly and 7.83% six-month revenue growth rates.
- Confirm the strategic rationale and expected returns for the US$78 thousand investment in Catalight Capital GP, L.P.
- Review the exposure to foreign exchange risk given the unrealized losses on forward contracts (totaling approximately NT$7.83 million in unrealized losses recognized YTD).
- Monitor the level of guarantees provided by subsidiaries (NT$3.05 billion) relative to their financial health.