Thursday, August 30, 2012

CHT sees net income drop in 2Q12 as operating costs rise

Taiwanese multi-service provider Chunghwa Telecom (CHT) has reported a 15.2% year-on-year decline in net income for the second quarter of 2012. The telco posted net profit of TWD11.27 billion (USD379 million) in the three months to end-June 2012, as earnings before interest, tax, depreciation and amortisation (EBTIDA) fell by 3.6% to TWD22.58 billion.


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OVETEL CHT sees net income drop in 2Q12 as operating costs rise

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