Continental Engineering Corp News Today

Continental Holdings Corp (CHC, 欣陸投控) yesterday said property sales now take longer as buyers have turned cautious amid monetary tightening and economic uncertainty. The conglomerate made the comment after reporting record-high net profit of NT$2.18 billion (US$72.69 million) for the first half of this year, up 171 percent from the same period last year. The results translated into earnings per share of NT$2.65, also a new high for the same period, CHC said. Consolidated revenue totaled ...

Continental Holdings Corp (CHC, 欣陸投控) yesterday said it would consider selling its stakes in four hotels in Taiwan and abroad, but would not accept low-ball offers when offloading investments. The Taipei-based conglomerate owns the site of the newly launched Humble Boutique Hotel (寒居酒店) in Taipei’s Zhongshan District (中山) and 55 percent stakes in both the Capri by Fraser2 in Kuala Lumpur and the upcoming Line Hotel in San Francisco. It also controls a 35 percent stake in Ho...

Continental Holdings Corp (CHC, 欣陸投控) yesterday said it is looking at further business improvement this year, thanks to ample contracts and projects on hand, after achieving double-digit percentage growth in profit and revenue last year. Consolidated revenue last year expanded 23.8 percent year-on-year to NT$26.84 billion (US$937.64 million), while net profit picked up 18.7 percent to NT$1.8 billion, with contributions from all three business segments: Continental Engineering Corp (大�...

TAIPEI, Feb. 16, 2022 /PRNewswire/ -- Otis Taiwan Wins Elevator World Project of the Year Award for Taichung Mass Rapid Transit Green Line

Otis installed 117 heavy-duty escalators and 59 elevators at 18 stations along the new Taichung Mass Rapid Transit Green Line Elevator World recognized Otis' role in the Taichung MRT project with its 2022 Project of the Year Award in the Escalators, New Construction category TAIPEI, Feb. 16, 2022 /PRNewswire/ -- Otis Worldwide Corp. (NYSE:OTIS), has received the Project...

Continental Holdings Corp (CHC, 欣陸投控) yesterday said that its subsidiaries would no longer have boards of directors, but would name legal representatives to streamline decisionmaking and enhance operational efficiency. Instead of a board, its main subsidiaries — Continental Engineering Corp (大陸工程), Continental Development Corp (CDC, 大陸建設) and HDEC Corp (欣達環工) — would allow the headquarters and a newly formed management unit to take charge of all financial and ...

Why India’s complete economic disengagement from China is unrealistic Why India’s complete economic disengagement from China is unrealistic If India hopes to implement infra projects in the neighbourhood to restrain China, it will have to create management groups to support diplomats on the ground. Madhu Bhalla 27 April, 2021 1:19 pm IST Text Size: A+ The near collapse of frameworks for strategic relations with China and the newly protectionist impu...