Continental Holdings Corporation (CHC) today (February 10^th) reported January 2023 consolidated revenue of NT$2,092M.
CHC’s consolidated revenue for January 2023 saw a decrease of 23.3% compared to the same period in 2022, mainly due to a higher revenue base from peak handover period for Real Estate Development Business (Continental Development Corporation) last year.
Environmental Project Development & Water Treatment Business (HDEC Corporation) completed signing of The Build-Operate-Transfer Project of Renewing Cheng-Xi Incineration Plant in Tainan City this month, which marks the business’ entry into waste treatment and renewable energy business. The total investment amount of the project is NT$7.215B, with concession period of 25 years, and the plant is expected to commence operation after completion in 2026. The plant is designed to process 900 tons of solid waste per day and is expected to reach waste-to-energy electrical efficiencies of 25% and above. With the newly acquired project, total contracts on hand for Environmental Project Development & Water Treatment Business exceeds NT$70.0B, which lays a strong foundation for the business segment over the long run.