Far EasTone Telecommunications Co., Ltd. Provides Earnings Guidance for the Third Quarter of 2023
August 09, 2023 at 04:00 am EDT
Share
Far EasTone Telecommunications Co., Ltd. provided earnings guidance for the third quarter of 2023. For the period, the company expects revenue will be down TWD 23.07 billion compared to the same quarter last year, it is a 4.1% year-over-year growth. net income is TWD 2.66 billion.
It's roughly almost 10 -- a little bit shy of a 10% Y-o-Y growth. And the same case with the EPS. And then for this year to third quarter.
So for the 3 quarters together, the company are looking at TWD 67 billion for the total revenue, and it's a 3.5% Y-o-Y growth.
Far EasTone Telecommunications Co Ltd is a Taiwan-based company principally engaged in the provision of telecommunication services. The Company provides individual users with personal mobile communication services, including mobile phone voice, Internet services and others; fixed communication services, including local telephone services, long-distance telephone services, 007 international telephone services and others; new economic services, included FriDay video, FriDay music, FriDay shopping. The Company provides enterprise users with professional telecommunications integration services, including mobile services, broadband services, mobile data services, mobile voice services, fixed-line voice services and data circuit services; cloud services; information security services; and New economic services, covering smart The internet of things (IoT) applications including smart cities, smart transportation, smart medical care, smart manufacturing, smart retail and others.