03-03-2024, 11:23 AM
Centurion reports 114% y-o-y increase in earnings for FY2023 of $153.1 mil
https://www.theedgesingapore.com/capital...3-1531-mil
Fy2023
https://links.sgx.com/1.0.0/corporate-an...597c5de39d
Director's shareholdings
https://links.sgx.com/1.0.0/corporate-an...62dd46c938
Earnings per share for Fy2023 was 18 cents per share due to revaluation of properties. Core earnings was 8.2 cents Vs 6.8 cents the previous year.
Net operating cash flow was $123m or around 15 cents per share.
This year(fy2024)most likely the company will continue to post higher earnings as contracts are renewed at higher rate while for next year their new dormitory will add to capacity for Fy2025 when it is completed in Dec 2024.
So I expect earnings and dividend to continue to go up.
Their market cap is around $330m while cashflow from net operation is $123m and the majority shareholders owned more than 50% of the company. This company will not be undervalued for long.
https://www.theedgesingapore.com/capital...3-1531-mil
Fy2023
https://links.sgx.com/1.0.0/corporate-an...597c5de39d
Director's shareholdings
https://links.sgx.com/1.0.0/corporate-an...62dd46c938
Earnings per share for Fy2023 was 18 cents per share due to revaluation of properties. Core earnings was 8.2 cents Vs 6.8 cents the previous year.
Net operating cash flow was $123m or around 15 cents per share.
This year(fy2024)most likely the company will continue to post higher earnings as contracts are renewed at higher rate while for next year their new dormitory will add to capacity for Fy2025 when it is completed in Dec 2024.
So I expect earnings and dividend to continue to go up.
Their market cap is around $330m while cashflow from net operation is $123m and the majority shareholders owned more than 50% of the company. This company will not be undervalued for long.
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