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Centurion reports 114% y-o-y increase in earnings for FY2023 of $153.1 mil

Nicole Lim
Nicole Lim • 2 min read
Centurion reports 114% y-o-y increase in earnings for FY2023 of $153.1 mil
The group’s revenue grew on the back of contributions from its workers and student accommodations in all markets it's present in.
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Centurion Corporation has reported a 114% y-o-y increase in its earnings for the FY2023 ended Dec 31, 2023, of $153.1 million, boosted by net fair value gains. 

For the full year, the group’s revenue grew 15% y-o-y to $207.3 million on the back of revenue contributions from its purpose-built workers accommodation (PBWA) and purpose-built student accommodation (PBSA) across all markets which it operates in. 

The group’s board has recommended a final dividend of 1.5 cents per ordinary share for the FY2023. 

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