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Continental Holdings Corporation (TWSE: 3703) Reported August 2022 Consolidated Revenue of NT$2,084M

Continental Holdings Corporation (CHC) today (September 12th) reported August 2022 consolidated revenue of NT$2,084M. Consolidated revenue for January through August 2022 totaled NT$22,358M.

CHC’s consolidated revenue for January through August 2022 saw an increase of 47.6% compared to the same period last year, and all three business segments delivered year-over-year revenue growth this period as well. Real Estate Development Business (Continental Development Corporation) saw the most advancement, mainly from handover of Bountiful Journey. Environmental Project Development & Water Treatment Business (HDEC Corporation) also grew significantly, mainly from construction of Anping Reclaimed Water Plant and Tongluo Science Park Wastewater Treatment Plant Phase II EPC. Construction Engineering Business (Continental Engineering Corporation) saw its growth mainly from private sector building construction projects and public sector projects such as Taoyuan MRT Green Line GC01 Section and Taipei MRT Wanda Line CQ850A Section.

Real Estate Development Business has been selected as the best applicant of Taipei Xinyi District Child Welfare Center Public Office Urban Renewal Project on August 31st, and is expected to complete signing of contract in fourth quarter this year. Aforementioned project is the first urban renewal project led by public office for Real Estate Development Business, and will construct buildings of 14 floors above and 3 stories below ground on each of the two lands. The project is expected to complete at the end of 2028.