Brokers' take

Centurion Corporation| Neutral (maintained) March 6 close: S$0.425 Target price: S$0.41 RHB Research Institute, March 6

FY2018 revenue was S$120.1 million or a 12 per cent year-on-year decrease, due to the lease expiry of the Westlite Tuas dormitory, which ceased operations in December 2017.

The drop was partially cushioned by better performance of Malaysia's purpose-built workers accommodation (PBWA), ASPRI-Westlite Papan PBWA, and the UK purpose-built students accommodation (PBSA).

As a result, core net profit after tax decreased by 20 per cent for the year to S…