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Continental Holdings Corporation (TWSE: 3703) Reported August 2024 Consolidated Revenue of NT$2,550M

Continental Holdings Corporation (CHC) today (September 10th) reported August 2024 consolidated revenue of NT$2,550M. Consolidated revenue for January through August 2024 totaled NT$20,468M.

CHC’s consolidated revenue for January through August 2024 increased by 5.2% compared to the same period in 2023, mainly due to a 62% revenue growth from Environmental Project Development and Water Treatment Business (HDEC Corporation), offset by the decrease in the handover of new residential projects from Real Estate Development Business (Continental Development Corporation).

Real Estate Development Business acquired a piece of land located at Fengxi Section, Nantun District, Taichung City in August for real estate development. The land is adjacent to Fengle Sculpture Park, with a lot size of approximately 4,586.25 m2. This project is expected to launch pre-sale after the second quarter of 2025.