Reported 10 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