Centurion Corporation's stock surged 3.59% during the pre-market session following the release of its impressive first-quarter financial results.

The company reported a 30% year-on-year increase in revenue to S$89.4 million, driven by additional beds in its Singapore worker accommodation portfolio, the commencement of a new student accommodation asset in Australia, and sustained high occupancy rates in the United Kingdom market. Management also outlined plans for future capacity growth, aiming to increase bed count from approximately 81,388 to 85,470 by 2027.