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Chunghwa Telecom Reports Growth in Q1 2024
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Chunghwa Telecom Reports Growth in Q1 2024

Chunghwa Telecom (CHT) has released an update.

Chunghwa Telecom Co., Ltd. has reported a 1.4% revenue increase to NT$ 54.94 billion in Q1 2024, despite a slight decrease in operating and net income. The company saw growth in its Consumer Business Group and a significant rise in International Business Group revenue by 13.3%. Chunghwa attributes its revenue growth to robust mobile services and the adoption of 5G technology, while also highlighting a strong cash flow from operating activities.

For further insights into CHT stock, check out TipRanks’ Stock Analysis page.

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