
Chunghwa: Q1 Earnings Snapshot
TAIPEI, Taiwan — TAIPEI, Taiwan — Chunghwa Telecom Co. (CHT) on Thursday reported earnings of $297.9 million in its first quarter.
On a per-share basis, the Taipei, Taiwan-based company said it had profit of 38 cents.
The telecommunications company posted revenue of $1.7 billion in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHT at https://www.zacks.com/ap/CHT

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
10 minutes ago
- Bloomberg
Chinese Carmakers Agree to Standardize Supplier Payment Periods
Several of China's state-owned automakers have pledged to standardize bill payment periods for their suppliers to 60 days after authorities raised concerns about supply chain financing. At least three carmakers, including Dongfeng Motor Group Co., Guangzhou Automobile Group Co. and China FAW Group Co. issued similar statements on Tuesday saying their payment plans are aimed at promoting efficient capital flows across supply chains in the automotive industry.


Bloomberg
29 minutes ago
- Bloomberg
Stock Movers: JM Smucker, McDonalds, Novo Nordisk
On this episode of Stock Movers: - JM Smucker (SJM) shares fall after the company said it expects adjusted earnings of up to $9.50 a share, reduced by $1 a share due to higher coffee costs and US tariffs. The company raised coffee prices in May and plans to do so again in August, which is expected to hurt demand this year. -McDonalds (MCD) shares drop after Redburn Atlantic downgraded the company to a sell rating, citing concerns over shifting consumer patterns due to weight-loss drugs and inflation. The analyst estimates that the use of GLP-1 drugs like Ozempic could impact McDonald's revenue by $428 million annually, and potentially up to 10% or more over time. -Novo Nordisk (NOVOB) shares rise after a report that Parvus Asset Management has built a stake in the company. Parvus is interested in influencing the appointment of a new CEO, as Novo Nordisk is set to replace its current CEO Lars Fruergaard Jorgensen.


Bloomberg
29 minutes ago
- Bloomberg
Gloom Gathers Over Solar Companies in the US and China
Today's newsletter comes from our team in China, where solar manufacturers and investors are gathering at the world's largest fair for their industry in Shanghai this week. You can read more about the conference here. For unlimited access to climate and energy news, please subscribe. Help us improve Bloomberg newsletters: Take a quick survey to share your thoughts on your signup experience and what you'd like to see in the future.