Absence of one-time gain drags down Centurion Q1 profit
Prisca Ang
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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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