Chief Telecom (6561) has announced its financial results for the fourth quarter of 2024, with revenue of NT$1.036 billion and EPS of NT$4.09, both historical highs for a single quarter. Full-year revenue reached NT$3.793 billion, with net profit after tax of NT$1.077 billion and EPS of NT$13.82, all new records since its listing on the OTC market. This represents a 17% year-over-year growth in both revenue and profit. The board of directors has approved a cash dividend of NT$12.5 per share, representing a payout ratio of 90%. Since its listing in 2018, Chief Telecom has achieved record-breaking revenue and profit for seven consecutive years. The commercial operation of the LY2 AI data center is expected to further drive revenue and profit growth in the current fiscal year. This will propel Chief’s business to new heights.
Mr. Jerry Shao, Chairman of Chief Telecom, indicated that in recent years, data transmission through major global internet exchange centers has grown explosively. Chief’s TPIX has seized this opportunity to rise in global rankings, demonstrating that AI data centers and network connectivity have become critical core infrastructure for AI computing and cloud applications in the digital economy, further driving the accelerated development of AI-related applications.
“Chief’s IDC, data, and cloud services are the three key engines driving revenue and profit growth. Chief aims to leverage its AI data center to attract domestic and international clients, expand its network, cloud, AI computing, and cybersecurity service revenues. Through the network connectivity and aggregation effect, Chief is fully committed to building an ecosystem to become the East Asian digital convergence and the center of AI cloud business applications.”
According to Mr. Johnny Liu, President of Chief Telecom, the foundation of a modern AI data center rests on three pillars: computational power, data magnetism, and network connectivity. He envisions these AI-driven data centers as essential hubs for both processing computational power and data storage, positioning them as critical strategic resources for nations globally. In response to the rapidly expanding AI market, both locally and internationally, Chief is launching its new ACTIoN³ strategic plan (AI, Cloud, Telecom Integrated on Network³).
This plan centers on Chief Telecom’s next-generation AI data center, providing domestic and international businesses with integrated AI, Cloud, Telecom, and Network services. Coupled with its triple-ring global network deployment, customers will benefit from seamless, zero-distance access to the “Chief Ecosystem,” a seamless and integrated service environment that eliminates geographical barriers. This ecosystem focuses on delivering comprehensive data and application services. This initiative aims to accelerate the adoption of cloud and AI technologies across various industries, enabling the rapid deployment of computing power application services.
Mr. Johnny Liu further explained that Chief Telecom’s future business focus will be on data services. By leveraging the magnetic effect of our three intelligent data centers, we aim to attract AI computing service providers such as GMI and Zettabyte, as well as e-commerce, financial, insurance, and OTT service providers. This will accelerate revenue growth. Additionally, Chief’s triple-ring network connects Taiwan and the world. The Taipei Ring and Taiwan Ring directly link the major science parks in Neihu, Hsinchu, Taichung, Tainan, and Kaohsiung, while the International Ring extends to Japan, Hong Kong, Singapore, and 60 cities across 40 countries worldwide, providing high-bandwidth, low-latency network services. This will expand the reach of CCX, AI, and cloud application services, effectively driving revenue and profit growth in cloud, AI, and data network services.
Chief’s Taipei Internet eXchange (TPIX) has reached a milestone with over 195 members, making it the largest internet exchange center in Taiwan in terms of both membership and traffic volume. TPIX has also achieved global recognition, currently ranking 71st worldwide, with the international nodes in Japan, Hong Kong, and Singapore. This year, Chief plans to expand its TPIX service coverage to the United States and Europe, aiming to become one of the world’s top 50 and Asia’s top 3 internet exchange centers.
| Year | Revenue (in NT$ Billion) | EPS (in NT$) |
| 2024 | 3.79 | 13.82 |
| 2023(*) | 3.24 | 11.84 |
| 2022 | 3.08 | 11.85 |
| 2021 | 2.80 | 9.75 |
| 2020 | 2.56 | 8.67 |
| 2019 | 2.40 | 7.83 |
* Note: The 10% increase in share capital in 2023 was due to the issuance of new shares
through capitalization of retained earnings.
| Year | Total Dividend (in NT$) |
| 2025 | 12.5 |
| 2024 | 10.6 |
| 2023(*) | 10.0 |
| 2022 | 9.3 |
| 2021 | 8.8 |
| 2020 | 8.0 |
* Note: 2023 dividends included cash dividends of NT$9 and stock dividends of NT$1 per share.
