{"id":6068,"date":"2022-05-03T16:28:21","date_gmt":"2022-05-03T08:28:21","guid":{"rendered":"https:\/\/www.continental-holdings.com\/?p=6068"},"modified":"2022-05-03T16:28:21","modified_gmt":"2022-05-03T08:28:21","slug":"continental-holdings-corporation-twse-3703-reported-1q22-eps-of-1-50-a-new-quarterly-high","status":"publish","type":"post","link":"https:\/\/www.continental-holdings.com\/en\/about\/media-center\/continental-holdings-corporation-twse-3703-reported-1q22-eps-of-1-50-a-new-quarterly-high\/","title":{"rendered":"Continental Holdings Corporation (TWSE: 3703) Reported 1Q22 EPS of $1.50, a New Quarterly High"},"content":{"rendered":"<p>Continental Holdings Corporation (CHC) today (May 3<sup>rd<\/sup>) reported its financial results for fiscal year 2022 first quarter. CHC posted consolidated revenue of NT$10,023M, operating profit of NT$1,405M, and net profit of NT$1,239M. EPS came in at NT$1.50, a new quarterly high.<\/p>\n<p>CHC\u2019s consolidated revenue of first quarter 2022 saw an increase of 57.8% compared to the same period last year, 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>. Construction Engineering Business (Continental Engineering Corporation) gained its growth mainly from private sector building construction projects and public sector projects, such as<em> GC01 Section <\/em>of<em> Taoyuan MRT Green Line<\/em>. Environmental Project Development &amp; Water Treatment Business (HDEC Corporation) saw its increase from construction of <em>Anping Reclaimed Water Plant<\/em> and <em>Tongluo Science Park Wastewater Treatment Plant Phase II EPC<\/em>.<\/p>\n<p>With significant increase in both revenue and gross margin compared to the same period last year, CHC\u2019s operating profit for first quarter 2022 increased 118.8% year-over-year while net profit gained 157.5% year-over-year. Net profit for all three business segments also grew compared to the same period last year.<\/p>\n<p>CHC remained with a healthy volume level of backlog. As of March 31<sup>st<\/sup>, 2022, backlog for Construction Engineering Business came to NT$69.5B, translating to 4.1 times of its revenue for fiscal 2021. Revenue backlog of Real Estate Development Business summed up to NT$16.2B, equivalent to 2.0 times of its revenue for fiscal 2021. Contracts on hand for Environmental Project Development &amp; Water Treatment Business totaled NT$38.5B and was approximately 10.9 times of its revenue for fiscal 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Continental Holdings Corporation (CHC) today (May 3rd) reported its financial results for fiscal year 2022 first quarter. CHC posted consolidated revenue of NT$10,023M, operating profit of NT$1,405M, and net profit of NT$1,239M. EPS came in at NT$1.50, a new quarterly high. CHC\u2019s consolidated revenue of first quarter 2022 saw an increase of 57.8% compared to &hellip; <a href=\"https:\/\/www.continental-holdings.com\/en\/about\/media-center\/continental-holdings-corporation-twse-3703-reported-1q22-eps-of-1-50-a-new-quarterly-high\/\">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\/6068"}],"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=6068"}],"version-history":[{"count":1,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/posts\/6068\/revisions"}],"predecessor-version":[{"id":6069,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/posts\/6068\/revisions\/6069"}],"wp:attachment":[{"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/media?parent=6068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/categories?post=6068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/tags?post=6068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}