{"id":6003,"date":"2022-03-15T14:56:36","date_gmt":"2022-03-15T06:56:36","guid":{"rendered":"https:\/\/www.continental-holdings.com\/?p=6003"},"modified":"2022-03-15T14:56:36","modified_gmt":"2022-03-15T06:56:36","slug":"continental-holdings-corporation-twse-3703-reported-fy2021-eps-of-2-22-declared-cash-dividend-of-1-68-share","status":"publish","type":"post","link":"https:\/\/www.continental-holdings.com\/en\/about\/media-center\/continental-holdings-corporation-twse-3703-reported-fy2021-eps-of-2-22-declared-cash-dividend-of-1-68-share\/","title":{"rendered":"Continental Holdings Corporation (TWSE: 3703) Reported FY2021 EPS of $2.22, Declared Cash Dividend of $1.68\/share"},"content":{"rendered":"<p>Continental Holdings Corporation (CHC) today (March 15<sup>th<\/sup>) reported its fiscal year 2021 financial results and announced earnings distribution. CHC booked consolidated revenue of NT$26,844M, operating profit of NT$2,303M, and net profit of NT$1,826M for fiscal 2021. EPS was NT$2.22, and the Board has resolved cash dividend of $1.68 per share, which implies a 76% payout ratio. The cash dividend amount set a new record since incorporation.<\/p>\n<p>CHC\u2019s fiscal 2021 consolidated revenue increased 23.8% compared to fiscal 2020, and all three business segments delivered year-over-year revenue growth as well. Real Estate Development Business (Continental Development Corporation) saw the most advancement, mainly from handover of <em>Bountiful Journey<\/em> and <em>SERIF<\/em> upon completion, as well as completed projects such as <em>55Timeless<\/em>. Construction Engineering Business (Continental Engineering Corporation) gained its growth mainly from private sector building construction projects and public sector projects, namely<em> GC01 Section <\/em>of<em> Taoyuan MRT Green Line<\/em>. Environmental Project Development &amp; Water Treatment Business (HDEC Corporation) also grew meaningfully, fueled by construction of <em>Anping Reclaimed Water Plant<\/em> and <em>Tongluo Science Park Wastewater Treatment Plant Phase II EPC<\/em>.<\/p>\n<p>Boosted by increase in revenue, CHC\u2019s operating profit increased 30.7% YoY while net profit gained 18.7% YoY in 2021. Net profit for all three business segments also grew significantly.<\/p>\n<p>CHC remained with a healthy volume level of backlog, which is expected to uphold CHC\u2019s growth momentum in 2022. As of December 31<sup>st<\/sup>, 2021, backlog for Construction Engineering Business came to NT$74.0B, hitting a record high and translating to 4.3 times of its revenue for fiscal 2021. Revenue backlog of Real Estate Development Business summed up to NT$18.6B, equivalent to 2.3 times of its revenue for fiscal 2021. Contracts on hand for Environmental Project Development &amp; Water Treatment Business totaled NT$38.1B and was approximately 10.8 times of its revenue for fiscal 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Continental Holdings Corporation (CHC) today (March 15th) reported its fiscal year 2021 financial results and announced earnings distribution. CHC booked consolidated revenue of NT$26,844M, operating profit of NT$2,303M, and net profit of NT$1,826M for fiscal 2021. EPS was NT$2.22, and the Board has resolved cash dividend of $1.68 per share, which implies a 76% payout &hellip; <a href=\"https:\/\/www.continental-holdings.com\/en\/about\/media-center\/continental-holdings-corporation-twse-3703-reported-fy2021-eps-of-2-22-declared-cash-dividend-of-1-68-share\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[78],"tags":[],"_links":{"self":[{"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/posts\/6003"}],"collection":[{"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/comments?post=6003"}],"version-history":[{"count":1,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/posts\/6003\/revisions"}],"predecessor-version":[{"id":6004,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/posts\/6003\/revisions\/6004"}],"wp:attachment":[{"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/media?parent=6003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/categories?post=6003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/tags?post=6003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}