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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 (大陸工程), Continental Development Corp (CDC, 大陸建設) and HDEC Corp (欣達環工), it said. Th...

Luxury hotel operator My Humble House Hospitality Management Consulting Co (寒舍餐旅) is to launch Humble Boutique Hotel (寒居酒店) in downtown Taipei next week, it said yesterday, unfazed by the COVID-19 pandemic that has driven well-established hotels out of the market. The joint venture with Continental Development Corp (大陸建設) features 111 guestrooms on the first 10 floors of a 24-story mixed-use complex on Songjiang Road in Zongshan District (中山), it said. The property’s upper floors are reserved for serviced apartments, which have mostly sold out, Continental Develop...

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 business decisions, the conglomerate said in a statement. The change would make the management team ...