The board of Centurion Corporation has announced that it expects to report a substantial increase in earnings for the FY2023 ended Dec 31, 2023, compared to its FY2022 earnings.
In a profit guidance filing on Feb 13, the company said that based on a preliminary assessment of its unaudited consolidated management accounts for FY2023, an earnings increase was expected from net fair value gains on investment properties recognised in the full-year period.
The company’s unaudited FY2023 financial results are expected to be released on Feb 28.
Shares in Centurion closed 1 cent higher or 2.56% up at 40 cent on Feb 13.
