Chunghwa Telecom Q2 EPS $0.04 Down From $0.42 YoY, Sales $1.67B Down From $1.74B YoY
Portfolio Pulse from Benzinga Newsdesk
Chunghwa Telecom reported a significant decline in its Q2 earnings per share (EPS) to $0.04 from $0.42 year-over-year (YoY), and a decrease in sales to $1.67 billion from $1.74 billion YoY.
August 06, 2024 | 7:59 am
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Chunghwa Telecom reported a sharp decline in Q2 EPS to $0.04 from $0.42 YoY, and a decrease in sales to $1.67 billion from $1.74 billion YoY. This indicates a significant drop in profitability and revenue.
The significant decline in both EPS and sales suggests that Chunghwa Telecom is facing challenges in maintaining its profitability and revenue growth. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100