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Centurion reports 47% higher group revenue of $45.1 mil for 1QFY2022

Felicia Tan
Felicia Tan5/11/2022 08:48 AM GMT+08  • 3 min read
Centurion reports 47% higher group revenue of $45.1 mil for 1QFY2022
The higher revenue was mainly driven by enlarged portfolio capacity and new business streams in the group’s PBWA segment in Singapore and Malaysia.
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Centurion has reported group revenue of $45.1 million for the 1QFY2022 ended March, 47% higher than the $30.7 million in the same period the year before.

The higher revenue was mainly driven by enlarged portfolio capacity and new business streams in the group’s purpose-built workers’ accommodation (PBWA) segment across Singapore and Malaysia, as well as healthy recovery in financial occupancy of its purpose-built student accommodation (PBSA) assets in the UK and Australia.

The enlarged portfolio capacity and new business streams led to broad-based growth across all segments during the quarter.

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