Operator

Good afternoon, ladies and gentlemen. Welcome to Chunghwa Telecom Conference Call for the Company's First Quarter 2026 Operating Results.

[Operator Instructions]

For your information, this conference call is now being broadcasted live over the Internet. Webcast replay will be available within an hour after the conference is finished. Please visit CHT IR website, www.cht.com.tw/ir under the IR Calendar section.

Now I would like to turn it over to Ms. Angela Tsai, the Vice President of Finance. Thank you. Ms. Tsai, please go ahead.

Angela Tsai
Assistant Vice President of Finance

Thank you. I'm Angela Tsai, Vice President of Finance, Chunghwa Telecom. Welcome to our first quarter 2026 earnings conference call. Joining me today are Chunghwa's President, Rong-Shy Lin; and our Chief Financial Officer, Audrey Hsu.

During today's call, management will begin by sharing our recent strategic achievements and providing an overview of our first quarter business results. This will be followed by a discussion of our segment performance and financial highlights. We will then open the floor for questions and answers.

Please turn to Slide 2 to review our disclaimers and forward-looking statement disclosures. Now without further delay, I will turn the call over to our President. President Lin, please go ahead.

Rong-Shy Lin
President & Director

Thank you, Angela, and hello, everyone. Welcome to our first quarter 2026 results conference call. To begin, we are pleased to announce that our 2025 cash dividend per share is set to TWD 5.2 with a payout ratio of 104.2%, reflecting both our confidence in operational performance and the commitment to shareholders. For 2026, we are glad to see strong financial performance of