Chunghwa Telecom posts record Q1 revenue as ICT and AI investments surge

Chunghwa Telecom (NYSE:CHT) delivered a record-breaking first quarter for 2026, marking its strongest start to a fiscal year in over a decade.

The Taiwan-based telecommunications leader reported unaudited consolidated revenue of NT$59.99 billion, a 7.5% increase year-over-year and the highest first-quarter performance since 2012.

The company’s growth was broadly supported by its three primary business segments: Information and Communications Technology (ICT), Mobile, and Broadband.

Net income attributable to stockholders reached NT$10.11 billion, resulting in a basic earnings per share (EPS) of NT$1.30.

Operating income for the period stood at NT$13.10 billion, while EBITDA reached NT$23.30 billion.

Management highlighted a record-breaking intake of ICT orders during the quarter, reflecting the accelerating digital transformation across Taiwan’s enterprise sector.

Chunghwa has increasingly pivoted toward higher-value services, including cloud computing, cybersecurity, and artificial intelligence.

Revenue from international operations also showed strength, contributing to a healthy increase in the company’s cash balances.

Despite the record revenue and profit metrics, cash flow from operations saw a year-over-year decline.

The company attributed this primarily to the timing of tax payments and increased capital expenditure related to its infrastructure projects and 5G network optimization.