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Absence of one-time gain drags down Centurion Q1 profit

Published Mon, May 11, 2015 · 09:50 PM

Singapore

CENTURION Corporation's first-quarter net profit plunged 58 per cent year-on-year to S$9.43 million.

Core operations were healthy as revenue climbed 44 per cent to S$25.3 million, buoyed by strong performance of the group's accommodation business.

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