2025-04-10

Far EasTone Monthly Financial Highlights – March 2025

Taipei, Taiwan – April 10, 2025 – Far EasTone Telecommunications (TAIEX: 4904, FET) today announced its unaudited financial results for March 2025. Driven by the continued synergies from its merger with Asia Pacific Telecom (APT), increasing 5G penetration, and solid growth in both enterprise ICT and consumer digital services, FET once again set new March records in consolidated total revenue and EBITDA, which reached NT$8,815 million and NT$3,223 million, respectively, representing year-over-year growth of 6.0% and 8.7%. Net income amounted to NT$1,098 million, a 12.7% increase year-over-year, reflecting robust double-digit growth. Earnings per share (EPS) for March 2025 was NT$0.30.

For the first quarter of 2025, FET continued to deliver strong performance, with consolidated total revenue, EBITDA, and net income reaching NT$26,042 million, NT$9,476 million, and NT$3,242 million, respectively. These figures represent year-over-year growth of 1.2%, 6.6%, and 10.9%. Quarterly EPS reached NT$0.90. FET outperformed its financial targets for the quarter across all key metrics, with an EPS achievement rate of 103%, underscoring its solid operational results.

FET’s mobile business remained on a steady growth trajectory in March, fueled by the launch of new AI-powered devices such as the iPhone 16e and Samsung A series, which accelerated 5G upgrades. Postpaid 5G penetration rose to 44.2%, maintaining FET’s market-leading position. Postpaid ARPU has grown for the third consecutive month since the APT merger, recording a 2.6% year-over-year increase. This led to a 2.1% year-over-year rise in mobile service revenue, reaching NT$5,137 million – marking 49 consecutive months of growth since March 2021.

In March 2025, enterprise ICT revenue continued to deliver double-digit year-over-year growth, primarily driven by cloud services and system integration projects. The consumer segment also showed steady performance, with offerings such as FET Guardian Network and mobile insurance achieving double-digit year-over-year growth, further contributing to the overall expansion of consumer digital service revenue.

Far EasTone March 2025 Consolidated Financial Performance

Unit: NT$ million (except EPS)

March 2025

YoY%

Jan. – Mar. 2025

YoY%

Cons. Total Revenue

8,815

+6.0%

26,042

+1.2%

Cons. EBITDA

3,223

+8.7%

9,476

+6.6%

Cons. Net Income

1,098

+12.7%

3,242

+10.9%

EPS

NT$0.30

+12.7%

NT$0.90

+10.9%

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 .