For the first ten months this year, FET's consolidated total revenue, consolidated EBITDA, and net income grew by 12.0%, 12.8%, and 11.3% year-over-year, reaching NT$85,299 million, NT$30,006 million, and NT$10,357 million, respectively. The cumulative EPS for the first ten months of 2024 was NT$2.87. With the strong contribution from the synergies of the merger with APT, FET achieved a positive year-over-year growth rate for cumulative EPS in the first ten months, continuing to deliver outstanding operational performance following the contribution of NT$3 billion in consolidated EBITDA synergies in the first nine months.
In October, FET's mobile business continued to grow steadily, with the new iPhone models driving a wave of 5G upgrades, contributing to a 5G postpaid penetration rate exceeding 42% and maintaining the highest Postpaid ARPU (average revenue per user) in the industry. Total mobile service revenue in October achieved a year-over-year growth rate of 17.5%, consistently surpassing the NT$5 billion mark, marking 44 consecutive months of positive growth since March 2021.
Far EasTone October 2024 Consolidated Financial Performance
Unit: NT$ million (except EPS) | Oct 2024 | YoY% | Jan – Oct 2024 | YoY% |
Cons. Total Revenue | 9,844 | +10.3% | 85,299 | +12.0% |
Cons. EBITDA | 3,076 | +15.7% | 30,006 | +12.8% |
Cons. Net Income | 1,170 | +22.0% | 10,357 | +11.3% |
EPS | NT$0.32 | +10.2% | NT$2.87 | +0.6% |
Note:
※ Calculated based on the total outstanding shares of 3605.7 million shares.
For more information, please go to www.fareastone.com.tw or www.fetnet.net .