Centurion Revenue Soars 22% in Q3; Shares Slip 3%

MT Newswires

2024/11/14

Centurion (SGX:OU8) posted a revenue of SG$62.1 million in the third quarter, up 22% from SG$51.1 million in the year-ago period, according to a late Wednesday bourse disclosure.

The company, which owns foreign worker dormitories and student-accommodation facilities in its portfolio, attributed the increase in revenue to positive rental revisions and strong occupancies.

The company's shares were down nearly 3% in recent trade.

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