CHC News

This is for more specific news about CHC.

Mr. Steve Thompson appointed General Manager of CEC Hong Kong Office

Mr. Steve Thompson has been appointed General Manager of CEC Hong Kong Office, effective July 22, 2019, overseeing businesses in Hong Kong and Macau.

Mr. Thompson has extensive experience in rail, roads, civil engineering, and facility management services. For the past twenty years, Mr. Thompson held senior managerial roles in Carillion Group companies with diversified geographical experience including the United Kingdom, Middle East, and Canada.

CHC enjoys leap in net profit 2018 consolidated net income of NT$1.942 billion; EPS of NT$2.36

Continental Holdings Corporation (CHC, TWSE stock code 3703) today announced its 2018 financial results and 2019 business directions. In 2018, CHC had consolidated revenue of NT$25.154 billion and a gross margin of 14.8%, higher than the 8.3% achieved in the previous year. The consolidated net income in 2018 was NT$1.942 billion, and earnings per share (EPS) was NT$2.36. CHC’s Board of Directors proposed a cash dividend of NT$0.9 per share.

CEC awarded the Taipei Nangang Depot Public Housing Design and Built Project

A CEC led JV have been awarded the Taipei Nangang Depot Public Housing Design and Built Project.

The contract price is NT$7.3 billion (approximately US$243 million) and contract duration is 1,062 calendar days. The scope of work includes construction two building of 26 floors public housing for 1,473 units and public space. The total floor area is 47,283 ping. The date of award is on Feb. 26, 2019, and the substantial completion date is targeted on Jan. 30, 2022.

CEC awarded contract G506 – Construction of Station Square at Kai Tak (Phase 1) in Hong Kong

CEC Hong Kong Office has been awarded new contract in Hong Kong G506 – Construction of Station Square at Kai Tak (Phase 1).

This project forms part of the redevelopment of the old Kai Tak airport and as such will become the largest urban space ever planned in Hong Kong. Situated next to the new metro station this project, together with the second phase, will become a multi-functional center for the community and also serves as an iconic entrance to the heart of Kai Tak urban hub.

Simon Buttery, CEO of Continental Engineering Corporation Officially on Board

Mr. Simon Buttery, CEO of Continental Engineering Corporation (CEC) was officially appointed on January 7th 2019; CEC’s former President Mr. Ken Hung’s retirement effective on the same day.

CEC Appoints Mr. Simon Buttery as New CEO

The Board of Directors of Continental Engineering Corporation (CEC) have approved today the retirement of Mr. Ken Hung as President, and the appointment of Mr. Simon Buttery as CEC’s Chief Executive Officer (CEO), effective January 7th, 2019.

CHC Appoints Cindy Chang as New CEO

Taipei, October 1 – The Board of Directors of Continental Holdings Corporation (CHC) approved today the appointment of Cindy Chang as its new CEO, succeeding Ken Hung who had resigned, effective October 8th, 2018.
Ken Hung stepped down as CEO of CHC, but will remain as President of Continental Engineering Corporation, a member company of CHC. This is part of CHC’s succession plan, carefully overseen by the Board.

HEC awarded BTO Project of Linhai Sewage Treatment Plant and Reclaimed Water

Hsin Dar Environment Corporation (HEC) has been awarded Kaohsiung City’s “BTO Project of LinHai Sewage Treatment Plant and Reclaimed Water”.  This is another large-scale BTO project in the reclaimed water sector for HEC since 2016.

CEC awarded GC01 contract of Taoyuan MRT Green Line

CEC have been awarded the contract for GC01 of Taoyuan MRT Green Line. This achievement is attributed to two years of diligent preparation by CEC’s Taiwan Business Division.

The GC01 contract, valued at NTD12.795 billion, begin in October, completion date is in 2025. The total length is 11.487 km, scope of work includes elevated viaducts, seven elevated MRT stations, and related building services. The contract also covers a new section of road, common ducts, and access roads to a depot.

CHC enjoys stable growth, reports record revenue, net profit

Continental Holdings Corp. (CHC, TWSE stock symbol 3703) today announced its 2017 financial results and 2018 operational plans. In 2017, CHC and its subsidiaries had consolidated revenue of NT$28.385 billion and net profit of NT$788 million, translating into earnings per share of NT$0.96. CHC plans to distribute per-share cash dividends of NT$0.6.

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