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Centurion Corp reports 2HFY2021 earnings of $43.9 mil, plans 0.5 cent dividend

The Edge Singapore
The Edge Singapore2/24/2022 11:05 PM GMT+08  • 2 min read
Centurion Corp reports 2HFY2021 earnings of $43.9 mil, plans 0.5 cent dividend
For FY2021, it booked a fair value loss $3.1 million, versus $27.6 million booked for FY2020.
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Centurion Corp has reported earnings of $43.9 million for 2HFY2021, reversing from red ink of $3.8 million in the year earlier. Revenue in the same period was up 27% y-o-y to $78.3 million.

For the full year, the dormitory operator reported earnings of $52.7 million, up 207% y-o-y, revenue, meanwhile, was up 11% to $143 million.

The company attributes the better numbers to better occupancy of its dormitories – both workers’ and students’.

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