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Updated Wednesday, February 10, 2010 11:03 am TWN, Bloomberg

Chunghwa Telecom forecasts Q1 income rise

TAIPEI, Taiwan -- Chunghwa Telecom Co., Taiwan's largest phone operator, forecast first-quarter profit will rise 4.6 percent to NT$11.3 billion on revenue of NT$45.5 billion, the Taipei-based company said in an in an e-mailed statement Tuesday.

Net income will be 7.1 percent higher than the NT$10.54 billion posted in the fourth quarter, mainly because of a reduction in income tax, it said.

 

 

 

 

 

 

 

 

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