Continental Holdings Corporation (CHC) today (January 10^th) reported December 2024 consolidated revenue of NT$2,450M. Consolidated revenue for full year 2024 was NT$30,695M.

CHC’s consolidated revenue for fiscal year 2024 was in line with revenue in 2023. Environmental Project Development and Water Treatment Business (HDEC Corporation) achieved a 65% year-on-year revenue growth compared to 2023, offsetting the impact of a decreased handover of new residential projects from Real Estate Development Business (Continental Development Corporation). The revenue of Construction Engineering Business (Continental Engineering Corporation) remained on par compared with revenue in 2023.

In Construction Engineering Business, we were awarded two contracts in December, CF670 South Circular Line Project and CF690B North Circular Line Project, by the Department of Rapid Transit Systems of Taipei City Government, while the latter was jointly awarded with Kajima Corporation. The project scope will cover underground stations, shield tunnels, cut-and-cover tunnels, and all associated mechanical and electrical system constructions. The total contract values are NT$23.205B and NT$19.014B, respectively (tax included).

In Real Estate Development Business, we acquired a land located at Zhouji Section of Beitun District in Taichung City in December for real estate development. The land is situated in 14^th Redevelopment Zone, near Sizhangli Park, and is adjacent to the north side of CHC’s residential project Green Utopia, with a lot size of approximately 5,631.35 square meters. We expect to launch pre-sale for the property project after 2026.