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Centurion could receive a blow from dormitory decline

Stanislaus Jude Chan
Stanislaus Jude Chan3/1/2018 12:57 PM GMT+08  • 2 min read
Centurion could receive a blow from dormitory decline
SINGAPORE (Mar 1): RHB Research says Centurion Corporation’s FY18 earnings could receive a blow due to the absence of contribution from Westlite Tuas as well as lower capacity at its Toh Guan facility.
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SINGAPORE (Mar 1): RHB Research says Centurion Corporation’s FY18 earnings could receive a blow due to the absence of contribution from Westlite Tuas as well as lower capacity at its Toh Guan facility.

Centurion saw its earnings tumble 27% to $9.3 million in 4Q17, from $12.8 million a year ago, as revenue for the quarter dipped 4% to $33.6 million, from $35 million a year ago.


See: Centurion announces 4Q earnings of $5.9 mil after adjustments

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