{"id":5852,"date":"2021-12-10T14:16:18","date_gmt":"2021-12-10T06:16:18","guid":{"rendered":"https:\/\/www.continental-holdings.com\/?p=5852"},"modified":"2021-12-10T14:16:18","modified_gmt":"2021-12-10T06:16:18","slug":"continental-holdings-corporation-twse-3703-reported-november-2021-consolidated-revenue-of-nt3560m","status":"publish","type":"post","link":"https:\/\/www.continental-holdings.com\/en\/about\/media-center\/continental-holdings-corporation-twse-3703-reported-november-2021-consolidated-revenue-of-nt3560m\/","title":{"rendered":"Continental Holdings Corporation (TWSE: 3703) Reported November 2021 Consolidated Revenue of NT$3,560M"},"content":{"rendered":"

Continental Holdings Corporation (CHC) today (December 10th<\/sup>) reported November 2021 consolidated revenue of NT$3,560M. Consolidated revenue for January through November 2021 totaled NT$23,766M.<\/p>\n

CHC\u2019s consolidated revenue for January through November 2021 saw an increase of 29.7% compared to the same period in 2020, 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 completed projects such as 55Timeless<\/em>, as well as SERIF <\/em>and Bountiful Journey<\/em> which continued handover upon completion. Construction Business (Continental Engineering Corporation) saw its growth mainly from private sector construction projects and public sector civil projects such as GC01 Section <\/em>of Taoyuan MRT Green Line<\/em>. Environmental Project Development Business (HDEC Corporation) also grew meaningfully, mainly fueled by construction of Anping Reclaimed Water Plant<\/em> and Tongluo Science Park Wastewater Treatment Plant Phase II EPC<\/em>.<\/p>\n

Real Estate Development Business has signed a co-development contract with Ambassador Hotel Group and Formosan Rubber Group regarding the reconstruction of Ambassador Hotel Kaohsiung in November. This development project will be co-owned and co-marketed by all 3 parties, and Continental Development Corporation (CDC) will be in charge of planning, constructing, and selling of the project. CDC and Formosan Rubber Group will acquire 20% and 30% of the land from Ambassador Hotel Group, respectively, and then the 3 parties will contribute their own share of the land to jointly develop this project. This project is expected to launch pre-sell in 2024.<\/p>\n

Moreover, Real Estate Development Business will launch its new pre-sell project Belle<\/em> \u00c9poque<\/em>, located in Taichung City\u2019s 7th<\/sup> Redevelopment Zone, in December. The project is the first building designed by French Architecture Firm RDAI<\/em>, known for their design works for Herm\u00e8s,<\/em> in Taichung City. Belle<\/em> \u00c9poque<\/em> has a lot size of 1,818m2<\/sup>, with 27 floors above and 6 stories under the ground, and 81 units with apartment area size of 169m2<\/sup> to 231m2<\/sup>. Estimated total project value is NT$5.2B (including the sold-out retail and office units) and the construction is expected to complete in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"

Continental Holdings Corporation (CHC) today (December 10th) reported November 2021 consolidated revenue of NT$3,560M. Consolidated revenue for January through November 2021 totaled NT$23,766M. CHC\u2019s consolidated revenue for January through November 2021 saw an increase of 29.7% compared to the same period in 2020, and all three business segments delivered year-over-year revenue growth this period as … Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5852","post","type-post","status-publish","format-standard","hentry","category-1","company-chc"],"acf":[],"yoast_head":"\nContinental Holdings Corporation (TWSE: 3703) Reported November 2021 Consolidated Revenue of NT$3,560M – Continental Holdings Corporation (CHC)<\/title>\n<meta name=\"description\" content=\"Continental Holdings Corporation (CHC) today (December 10th) reported November 2021 consolidated revenue of NT$3,560M. 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