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Chunghwa Telecom's sales jumped 16.7% last quarter, reaching their highest level since 2009.

ResultsRead the original at morningstar.com
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Chunghwa Telecom's revenue, profit and earnings per share reached their highest third-quarter levels since 2009, supporting a stronger outlook. A one-time gain from asset improvements helped, but revenue grew in both business groups.

CHT · Chunghwa Telecom Co., Ltd.

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The AI's read

Growth came from both business groups, not just the asset gain. Consumer-group revenue rose 6.3%, and enterprise-group revenue rose 8.2%, with strong technology services. The gain from asset improvements may not happen again. Still, management said it was confident about meeting its full-year forecast.

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