Business Context and Reporting Period
Chunghwa Telecom Co., Ltd. filed Form 6-K on December 10, 2025, reporting unaudited consolidated operating results for November 2025 and the eleven-month period ended November 30, 2025.
Key Financial Metrics
| Metric | November 2025 | Jan-Nov 2025 |
|---|---|---|
| Net Sales | NT$21.45 billion | NT$212.85 billion |
| Income from Operations | NT$3.79 billion | NT$45.12 billion |
| Net Income (Parent) | NT$3.46 billion | NT$36.02 billion |
| EBITDA | NT$7.18 billion | NT$81.91 billion |
| Earnings Per Share | NT$0.44 | NT$4.64 |
Liquidity and Contingencies: The filing reports no funds lent to other parties. Accumulated endorsements and guarantees for subsidiaries total NT$3.13 billion. Financial derivative transactions show an outstanding position fair value of NT$4.97 million (combined non-trading purposes) with net unrealized gains recognized this year of NT$5.72 million.
Material Changes vs. Prior Period
- November 2025: Net sales increased by NT$1.23 billion (+6.07%) compared to November 2024.
- Jan-Nov 2025: Net sales increased by NT$7.83 billion (+3.82%) compared to the same period in 2024.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or specific risk factors beyond standard disclosures. No unusual items or countermeasures were reported.
Investor Verification Checklist
- Verify the sustainability of the 6.07% month-over-month sales growth in the telecommunications sector.
- Confirm the impact of the NT$3.13 billion in subsidiary guarantees on overall liquidity.
- Review the full annual 20-F filing for audited figures and comprehensive risk disclosures.