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Centurion posts 15% growth in 1Q earnings to $10.7 mil on higher revenue

Michelle Zhu
Michelle Zhu • 3 min read
Centurion posts 15% growth in 1Q earnings to $10.7 mil on higher revenue
SINGAPORE (May 9): Centurion Corporation reported earnings of $10.7 million for the 1Q ended March, 15% up from the $9.4 million of earnings posted a year ago on higher revenue.
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SINGAPORE (May 9): Centurion Corporation reported earnings of $10.7 million for the 1Q ended March, 15% up from the $9.4 million of earnings posted a year ago on higher revenue.

Centurion owns and operates workers and student accommodation assets as well as a storage disc manufacturing business.

Excluding the one-off items in the form of dual listing expenses, the group’s profit from core business operations attributable to equity holders of the company recorded a growth of 33% to $12.4 million from $9.4 million in 1Q16.

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