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Continental Holdings Corporation (TWSE: 3703) Reported June 2022 Consolidated Revenue of NT$2,747M

Continental Holdings Corporation (CHC) today (July 11th) reported June 2022 consolidated revenue of NT$2,747M. Consolidated revenue for January through June 2022 totaled NT$18,264M.

CHC’s consolidated revenue for January through June 2022 saw an increase of 52.9% 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 Taipei MRT Wanda Line CQ850A Section and Taoyuan MRT Green Line GC01 Section.

Real Estate Development Business acquired a piece of land located at Xinya Section, Banqiao District, New Taipei City in June for real estate development. The land is close to the MRT Far Eastern Hospital Station and Taipei Far Eastern Telecom Park, with a lot size of approximately 2,174m2. The project is expected to launch pre-sell after 2023.