Chunghwa Telecom Co ( (CHT) ) has issued an announcement.
On April 7, 2025, Chunghwa Telecom announced its participation in an investor conference organized by JPMorgan, highlighting its proactive engagement with investors. The following day, the company’s Board of Directors approved a significant Satellite Investment Plan, marking a strategic move to enhance its technological capabilities with an investment not exceeding US$115 million in a geostationary orbit satellite from Astranis Space Technologies Corp. Additionally, Chunghwa Telecom reported its operating results for March 2025, revealing a revenue of approximately NT$19.33 billion and a net income of NT$3.17 billion, reflecting a 5.39% increase in net sales compared to the previous year. These developments underscore Chunghwa Telecom’s commitment to expanding its technological infrastructure and maintaining robust financial performance.
Spark’s Take on CHT Stock
According to Spark, TipRanks’ AI Analyst, CHT is a Outperform.
Chunghwa Telecom’s overall score reflects its strong financial foundation, positive earnings call results, and stable technical indicators. The company’s robust cash flow and strategic expansion in ICT and 5G offset valuation concerns. Minor declines in specific revenue areas were outweighed by the company’s overall growth and leadership.
To see Spark’s full report on CHT stock, click here.
More about Chunghwa Telecom Co
Chunghwa Telecom Co., Ltd. is a leading telecommunications company based in Taiwan, specializing in providing a wide range of telecom services including mobile, broadband, and fixed-line services. The company is a key player in the telecommunications industry in Taiwan, focusing on delivering advanced communication solutions to its customers.
YTD Price Performance: 4.57%
Average Trading Volume: 117,606
Technical Sentiment Signal: Sell
Current Market Cap: $29.8B
For an in-depth examination of CHT stock, go to TipRanks’ Stock Analysis page.