Continental Holdings Corporation (CHC) today (May 9^th) reported its financial results for the first quarter ended March 31, 2025. The Company delivered consolidated revenue of NT$7,403M, operating profit of NT$204M, net profit of NT$40M, and earnings per share of NT$0.05.

CHC’s consolidated revenue for the first quarter of 2025 increased by 20.2% compared to the same period last year, primarily driven by revenue from ongoing construction of projects in Environmental Project Development & Water Treatment Business (HDEC Corporation), with its record quarterly revenue that delivered 123.9% year-over-year growth. This was partially offset by lower revenue from the handover of new residential projects in Real Estate Development Business (Continental Development Corporation). Construction Engineering Business (Continental Engineering Corporation) recorded revenue growth, mainly driven by the growth in building construction projects and mechanical & electrical (M&E) projects in the private sector.

Among our three business segments, net profit of Construction Engineering Business increased by 39.7%, while Environmental Project Development & Water Treatment Business delivered a record-high quarterly net profit. There were no new residential project handovers in Real Estate Development Business in the quarter, but we continue to invest in the construction and sales efforts for new projects.

CHC maintained a solid revenue backlog in the three business segments. As of March 31^st, 2025, revenue backlog of Construction Engineering Business was NT$125.3B, equivalent to 6.0 times of its 2024 full year revenue; revenue backlog of Real Estate Development Business was NT$26.4B, equivalent to 5.4 times of its 2024 full year revenue; revenue backlog of Environmental Project Development & Water Treatment Business was NT$61.8B, equivalent to 7.9 times of its 2024 full year revenue.