Chunghwa: 4Q Earnings Snapshot

TAIPEI, Taiwan (AP) _ Chunghwa Telecom Co. (CHT) on Wednesday reported fourth-quarter net income of $273.1 million.

The Taipei, Taiwan-based company said it had net income of 35 cents per share.

The telecommunications company posted revenue of $1.8 billion in the period.

For the year, the company reported profit of $1.15 billion, or $1.48 per share. Revenue was reported as $6.99 billion.

Chunghwa expects full-year earnings to be $1.43 to $1.49 per share, with revenue in the range of $7.15 billion to $7.23 billion.

Chunghwa shares have declined 3 percent since the beginning of the year. The stock has fallen almost 7 percent in the last 12 months.

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