The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Absence of fair-value gain hits Centurion Q2 profit

Q2 earnings down 86% despite surge in revenue, higher gross profit margin

Nisha Ramchandani

Nisha Ramchandani

Published Thu, Aug 14, 2014 · 10:00 PM
Share this article.

CENTURION Corp's second-quarter net profit plunged 86 per cent to S$7.69 million from the year-ago period's S$56 million, which included a fair-value gain on investment properties of S$36.43 million.

Earnings per share fell to 1.02 Singapore cents from 7.41 Singapore cents.

Revenue for the April-June quarter surged 41 per cent to S$19.88 million, as its accommodation business repor…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here