Investing.com - Chunghwa Telecom reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Chunghwa Telecom announced earnings per share of NT$0.38 on revenue of NT$1.63B. Analysts polled by Investing.com anticipated EPS of NT$0.35 on revenue of NT$1.67B.
Chunghwa Telecom shares are down 0.19% from the beginning of the year , still down 6.66% from its 52 week high of NT$39.46 set on June 30. They are broadly in line with the EUR/USD which is down 0% from the start of the year.
Chunghwa Telecom follows other major Services sector earnings this month
Chunghwa Telecom's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of NT$10.3 on revenue of NT$88.91B, compared to forecasts EPS of NT$1.38 on revenue of NT$81.09B.
Visa A had beat expectations on Tuesday with third quarter EPS of NT$1.06 on revenue of NT$4.84B, compared to forecast for EPS of NT$1.03 on revenue of NT$4.82B.
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