Reported about 1 year ago
The trend towards carbon neutrality is creating increasing market opportunities, particularly in domestic waste recycling, circular economy, and other green environmental projects. CTC and KTC have seen revenue and profits growing steadily this year. With the expanding ESG market, operations for both companies are expected to perform well each quarter. CTC reported a Q2 consolidated revenue of NT$30.286 billion, up 5.29% from the previous quarter, while KTC recorded NT$2.098 billion in Q2 revenue, an increase of 7.42%. Green contracting business, focusing on green technology, low carbon, and environmental protection projects, contributed significantly to their growth. KTC's profit mainly came from operations like solar power sales, waste isopropanol recovery, and water resources recycling. As the global trend towards net-zero emissions continues, the market anticipates further growth in green projects for KTC this year.
Source: YAHOO