Subscribers

Centurion gears up for expansion after strong Q1

Singapore

DORMITORY operator Centurion Corporation turned in a set of stellar first-quarter earnings, with its revenue hitting a record and net profit rising nearly six-fold from a year ago.

The firm is now gearing up for expansion both organically and through acquisitions, said group CEO Kong Chee Min yesterday.

"Our accommodation portfolio is expected to grow to over 50,000 beds by 2015," he said. "Besides expanding organically, we will continue to actively seek and explore acquisition opportunities...

BT is now on Telegram!

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