Date:Jan 10,2013

TWM announced December consolidated revenue of NT$9.45bn. EBITDA was NT$2.08bn, with an operating income of NT$1.23bn and a net income of NT$0.87bn. EPS was NT$0.32. For full year 2012, TWM reported a consolidated revenue of NT$98.14bn, an EBITDA of NT$27.93bn, an operating income of NT$18.18bn and a net income of NT$14.69bn, which achieved its full year 2012 forecast by 102%. EPS for full year 2012 was NT$5.46.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that the launch of the iPhone 5 pushed up related marketing costs.  In addition, this month's asset write-off loss was higher than any other month in 2012.  As a result, net income was negatively affected.  For the full year, operating performance stability and earnings contributions from all three business groups as well as growth from mobile data services allowed consolidated net income to grow 9% YoY. 

Taiwan Mobile Consolidated Results

NT$mn

Dec. 2012

Dec. 2011

2012

2011

Revenue

9,455

8,386

98,141

81,369

   Service Revenue1

8,038

7,395

90,088

75,698

   Handset Sales Revenue

1,417

991

8,053

5,671

EBITDA

2,082

1,922

27,928

27,087

Operating income

1,228

1,110

18,180

17,590

Pre-tax income

1,075

1,059

17,971

16,129

Net income

871

840

14,692

13,469

EPS (NT$)

0.32

0.31

5.46

4.70

Note 1: Derived from deducting handset sales revenue from the total revenue

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