Champion ESG Boosts Performance This Year

Reported 8 months ago

Champion Building Materials (1806) held its shareholders' meeting on June 19, reporting that the completion and turnover volume of the top ten contractors this year exceeded NT$150 billion. With a positive outlook on the prime period for turnovers lasting three to five years and the boost from new ESG products, the company anticipates a significant growth in performance and profits for the year. Champion also saw a record high in property transactions over the first five months, indicating a vibrant housing market that benefits the company's new construction projects and renovation orders. With the expectation of entering a peak turnover period this year, the company foresees demand momentum for several years. Emphasizing their ESG focus and green building materials development, Champion introduced large-format ceramic art tiles and 2cm thick tiles combined with dry hanging methods, reducing residential electricity consumption by 4.8% to 7.2% and office electricity consumption by 12% to 18%. Investments in carbon reduction and developing a recycling economy will be made in the coming years.

Source: YAHOO

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