Centurion Q1 revenue jumps 30% to $89.4m on occupancy gains and new beds
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Centurion Corporation Limited reported a 30% increase in Q1 revenue to $89.4 million, driven by higher occupancy and new operational beds in its purpose-built worker and student accommodation portfolios across Singapore, Australia, and the UK. PBWA revenue rose to $69.2 million, while PBSA revenue reached $19.6 million. The company anticipates increasing its portfolio capacity from 81,388 to 85,470 beds by 2027, with ongoing expansions in Australia and other regions.
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