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Continental Holdings Corporation (TWSE: 3703) Reported February 2024 Consolidated Revenue of NT$1,716M

Continental Holdings Corporation (CHC) today (March 11th) reported February 2024 consolidated revenue of NT$1,716M. Consolidated revenue for January through February 2024 totaled NT$3,824M.

CHC’s consolidated revenue for January through February 2024 saw a decrease of 9.6% compared to the same period in 2023, mainly due to no handover of newly completed residential projects from the Real Estate Development Business (Continental Development Corporation).

In February, Construction Engineering Business (Continental Engineering Corporation) was awarded the Taoyuan Urban District Railway Underground Project of Zhongli Station Section (Contract CJ17) by the Railway Bureau of the Ministry of Transport. The project scope includes the civil works for railway undergrounding and all associated mechanical and electrical system works. The construction period is 2,527 calendar days, with a contract value of approximately NT$15,577M (tax included).