Chong notes that Centurion has a strong upcoming asset pipeline in the current FY2025 and coming FY2026.
Yik Ban Chong of Phillip Capital has kept his "accumulate" call on Centurion Corp following the dormitory operator's 1QFY2025 business update where revenue was up 13% y-o-y.
Revenue from its student dorm segment dipped slightly but growth continued for its main workers' dorm segment.
