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Centurion Corporation Limited ( (SG:OU8) ) just unveiled an announcement.
Centurion reported a robust start to 2026, with first-quarter revenue rising 30% year-on-year to S$89.4 million, driven by strong contributions from newly consolidated and expanded assets such as Westlite Mandai, added capacity at Westlite Toh Guan and EPIISOD Macquarie Park, and the Harum Megah portfolio in Malaysia. Performance was underpinned by high occupancies in Singapore worker dormitories and U.K. student housing, positive rental reversions across key markets, and growing management and REIT-related income streams, while lower Malaysian worker accommodation occupancy provided a partial offset; the group also highlighted prudent capital management, with S$3.6 billion in assets, net gearing of 22%, a four-year average debt maturity and interest coverage of 5.3 times, supporting its expansion and reinforcing its position in the resilient specialised living sector.
The most recent analyst rating on (SG:OU8) stock is a Buy with a S$2.10 price target. To see the full list of analyst forecasts on Centurion Corporation Limited stock, see the SG:OU8 Stock Forecast page.
More about Centurion Corporation Limited
Centurion Corporation Limited is a Singapore-headquartered owner, developer and operator of living sector assets, focusing on purpose-built worker and student accommodation and build-to-rent properties. The group manages about S$3.0 billion of assets and roughly 81,000 beds and apartments across 14 cities in five countries, including significant portfolios in Singapore, Malaysia, the U.K., Australia, Hong Kong SAR and Xiamen, China.
Average Trading Volume: 1,316,272
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$1.4B
Find detailed analytics on OU8 stock on TipRanks’ Stock Analysis page.