Chunghwa profits fall

12 Oct 2005

Taiwan’s Chunghwa Telecom has reported a 2.5% drop in its third quarter net profit, despite a small increase in sales. Net profit for the three months to the end of September 2005 was TWD38.3 billion (USD1.15 billion), down from TWD39.28 in the corresponding period of 2004. Revenues rose from TWD136.75 billion to TWD136.9 billion, boosted by a strong performance in September when sales rose 3.8% year-on-year.

Taiwan, Chunghwa Telecom