Taipei, Sept. 12, 2008 (CENS)--Taiwan Mobile Corp. made NT$3.68 per share in after-tax net income in the first eight months this year, leading all of its domestic rivals in telecom service sector.

In the meantime, Chunghwa Telecom Co., Ltd., Taiwan`s No.1 telecom provider by revenue, netted NT$3.42 per share, while Far EasTone Telecom Co., Ltd. earned NT$2.15.

Taiwan Mobile scored consolidated revenue of NT$46.6 billion (US$1.5 billion at US$1:NT$31) in the first eight months this year, with revenue for August alone accounting for NT$5.8 billion (US$189 million), according to the company`s internal calculations.

In the Jan.-Aug. period, the company made NT$15.1 billion (US$488 million) in operating income and NT$10.9 billion (US$351 million) in after-tax net income. In August alone, the company`s operating income and after-tax net income were NT$1.86 billion (US$60 million) and NT$1.34 billion (US$43 million), respectively.

The company`s earnings before interest, taxes depreciation and amortization, or EBITDA, for the first eight months were NT$20.5 billion (US$661 million), with the number for August alone being NT$2.56 billion (US$82 million).

Taiwan Mobile`s executives ascribed the outstanding earnings results mostly to reduced losses from non-core business and steady sales growth.

Chunghwa had revenue totaling NT$124.5 billion (US$4 billion) throughout the first eight months, with revenue for August alone reaching NT$15.7 billion (US$508 million). Its operating income and after-tax net income for the first eight months were NT$41.6 billion (US$1.3 billion) and NT$32.7 billion (US$1 billion), respectively. In August, its operating income was NT$4.9 billion (US$158 million) and after-tax net income was NT$5.3 billion (US$170 million).

The company`s NT$3.42 EPS result for Jan.-Aug. period attained 76.62% of its goal for this year.

FarEastone had consolidated revenue of NT$42.2 billion (US$1.3 billion) for the first eight months this year, with its revenue for last month alone numbered at NT$5.2 billion (US$169 million). Its pre-tax earnings for the first eight months were NT$9.1 billion (US$296 million), with earnings for last month amounting to NT$1.1 billion (US$37 million).

The company`s executives pointed out that although its August revenue edged down 0.4% from the same period of last year, its after-tax net income per share for August surged 4%. Non-voice service contributed 12.4% of the company`s August revenue, higher than the 10.2% average posted by the Taiwan market as a whole in the first half this year.

(by Ken Liu)