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Centurion’s FY2025 earnings fall to $114.8 mil on lower fair value gain and IPO costs; recommends final div of 2 cents

Felicia Tan
Felicia Tan • 4 min read
Centurion’s FY2025 earnings fall to $114.8 mil on lower fair value gain and IPO costs; recommends final div of 2 cents
Dwell Village Melbourne City in Australia. Photo: Centurion Corporation
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Centurion Corporation has reported earnings of $114.8 million for the FY2025 ended Dec 31, 2025, 67% lower y-o-y. The decline was attributed mainly to a lower fair value gain of $22.9 million on investment properties compared to the exceptional fair value gain of $219.1 million in FY2024. The lower bottomline was also partly due to the $50.8 million incurred from the spin-off initial public offering (IPO) of Centurion Accommodation REIT (CAREIT) last year

Net profit after tax from core business operations rose by 26% y-o-y to $139.2 million, while attributable net profit from core business operations increased by 9% y-o-y to $108.6 million.

FY2025 revenue rose by 17% y-o-y to $295.9 million due mainly by sustained high financial occupancy rates in Singapore and the UK, as well as positive rental revisions across the group’s purpose-built worker accommodation (PBWA) and purpose-built student accommodation (PBSA) segments.

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