Chunghwa Telecom Co ( (CHT) ) just unveiled an announcement.
On April 16, 2025, Chunghwa Telecom Co., Ltd. announced differences in its consolidated financial statements for 2024 under Taiwan-IFRSs and IFRSs. The discrepancies mainly arise from the timing of income tax recognition on unappropriated earnings and the treatment of revenues from fixed-line connections and prepaid phone cards. These differences do not affect the company’s total equity, and the earnings distribution and stockholders’ equity matters remain in accordance with Taiwan-IFRSs.
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 Taipei, Taiwan. It provides a wide range of services including fixed-line, mobile, and broadband internet services, primarily focusing on the Taiwanese market.
YTD Price Performance: 6.92%
Average Trading Volume: 121,385
Technical Sentiment Signal: Sell
Current Market Cap: $30.44B
See more data about CHT stock on TipRanks’ Stock Analysis page.