{"id":6626,"date":"2023-03-10T17:17:30","date_gmt":"2023-03-10T09:17:30","guid":{"rendered":"https:\/\/www.continental-holdings.com\/?p=6626"},"modified":"2023-03-10T17:17:30","modified_gmt":"2023-03-10T09:17:30","slug":"continental-holdings-corporation-reported-fy2022-eps-of-3-51-declared-cash-dividend-of-2-50-share","status":"publish","type":"post","link":"https:\/\/www.continental-holdings.com\/en\/about\/media-center\/continental-holdings-corporation-reported-fy2022-eps-of-3-51-declared-cash-dividend-of-2-50-share\/","title":{"rendered":"Continental Holdings Corporation Reported FY2022 EPS of $3.51,  Declared Cash Dividend of $2.50\/share"},"content":{"rendered":"<p>Continental Holdings Corporation (CHC) today (March 10<sup>th<\/sup>) reported financial results for fiscal year 2022 and announced earnings distribution. The Company posted consolidated revenue of NT$32,146M, operating profit of NT$3,258M, net profit of NT$2,888M, and EPS of NT$3.51 for fiscal 2022. The Board has resolved cash dividend of $2.50 per share, which implies a 71.3% payout ratio. For fiscal year 2022, CHC\u2019s revenue, net profit, and dividend all reached a record high.<\/p>\n<p>CHC\u2019s consolidated revenue for fiscal year 2022 saw an increase of 19.7% compared to fiscal year 2021, and all three business segments delivered double-digit revenue growth year-over-year as well. Environmental Project Development &amp; Water Treatment Business (HDEC Corporation) saw the most advancement, mainly from construction of <em>Anping Reclaimed Water Plant<\/em> and <em>Tongluo Science Park Wastewater Treatment Plant Phase II EPC<\/em>. Real Estate Development Business (Continental Development Corporation) saw its growth mainly from handover of <em>Bountiful Journey<\/em>. Construction Engineering Business (Continental Engineering Corporation) recorded its growth from private sector building construction projects.<\/p>\n<p>With significant increase in both revenue and gross margin compared to the prior year, CHC\u2019s operating profit for fiscal 2022 increased 41.4% year-over-year. Net profit in 2022 was up 58.2% from last year, favored by growth in operating profit and by recognition of an one-off income tax benefit.<\/p>\n<p>All three business segments of CHC remained with a healthy volume of backlog. As of December 31<sup>st<\/sup>, 2022, backlog for Construction Engineering Business came to NT$74.5B, translating to 3.8 times of its revenue for fiscal 2022. Revenue backlog of Real Estate Development Business summed up to NT$14.6B, equivalent to 1.5 times of its revenue for fiscal 2022. Contracts on hand for Environmental Project Development &amp; Water Treatment Business totaled NT$45.0B and was approximately 9.6 times of its revenue for fiscal 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Continental Holdings Corporation (CHC) today (March 10th) reported financial results for fiscal year 2022 and announced earnings distribution. The Company posted consolidated revenue of NT$32,146M, operating profit of NT$3,258M, net profit of NT$2,888M, and EPS of NT$3.51 for fiscal 2022. The Board has resolved cash dividend of $2.50 per share, which implies a 71.3% payout &hellip; <a href=\"https:\/\/www.continental-holdings.com\/en\/about\/media-center\/continental-holdings-corporation-reported-fy2022-eps-of-3-51-declared-cash-dividend-of-2-50-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\/6626"}],"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=6626"}],"version-history":[{"count":1,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/posts\/6626\/revisions"}],"predecessor-version":[{"id":6627,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/posts\/6626\/revisions\/6627"}],"wp:attachment":[{"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/media?parent=6626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/categories?post=6626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.continental-holdings.com\/en\/wp-json\/wp\/v2\/tags?post=6626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}