Chunghwa: profit up, revenue down

25 Apr 2003

Taiwan’s largest telco has reported an 18% hike in annual pre-tax profit to TWD55.7 billion, despite a 3.3% drop in revenue to TWD176 billion. While sales from wireless services and fixed line phone rental grew by 10% and 16% respectively, these were adversely affected by a slide in fixed line revenue.

Taiwan