Business Context and Reporting Period
Company: Chunghwa Telecom Co., Ltd.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: June 10, 2026
Reporting Period: Unaudited consolidated operating results for May 2026 and the five months ended May 31, 2026.
Key Financial Metrics
May 2026 (Single Month)
- Revenue: NT$19.52 billion
- Operating Income: NT$4.35 billion
- Net Income (Parent): NT$3.36 billion
- EBITDA: NT$7.77 billion
- Earnings Per Share (EPS): NT$0.44
Five Months Ended May 31, 2026 (YTD)
- Revenue: NT$100.01 billion
- Operating Income: NT$22.28 billion
- Net Income (Parent): NT$17.20 billion
- EBITDA: NT$39.32 billion
- Earnings Per Share (EPS): NT$2.22
Material Changes vs. Prior Period
The filing reports year-over-year growth in net sales for both the single month and the year-to-date period:
- May 2026 vs. May 2025: Net sales increased by NT$998.9 million, representing a 5.39% increase.
- Jan-May 2026 vs. Jan-May 2025: Net sales increased by NT$6.63 billion, representing a 7.10% increase.
Outlook, Risks, and Unusual Items
Management Commentary: The filing contains unaudited operating results and does not include forward-looking guidance or specific management commentary beyond the financial figures.
Risks and Contingencies:
- Funds Lent: No funds were lent to other parties (Parent or Subsidiaries) in the current month.
- Guarantees: Subsidiaries hold accumulated guarantees of NT$3.05 billion against a limited amount of NT$500 million. The Parent Company has no guarantees.
- Financial Derivatives:
- Non-trading (Non-hedge): Outstanding forward contracts total NT$144.6 million with a fair value of -NT$2.3 million. Unrealized loss recognized this year is NT$5.5 million; realized gain is NT$3.4 million.
- Non-trading (Hedge): Outstanding forward contracts total NT$110.9 million with a fair value of -NT$1.5 million. Unrealized loss recognized this year is NT$4.6 million; realized gain is NT$3.6 million.
- Trading Purpose: None.
Unusual Items: The filing states "None" for countermeasures and other matters requiring specification.
Investor Verification Checklist
- Verify the sustainability of the 7.10% year-to-date revenue growth trend.
- Review the specific nature of the NT$3.05 billion in accumulated guarantees held by subsidiaries to assess potential liability exposure.
- Monitor the net unrealized losses on forward contracts (approx. NT$10 million combined) and their impact on future earnings.
- Confirm the consistency of the reported EBITDA margin (approx. 39.8% for May) against industry peers.