Centurion Corporation Limited provided group earnings guidance for the half-year ended 30 June 2022. The company announced that, based on preliminary assessment of the Group's unaudited consolidated management accounts for the half-year ended 30 June 2022 (‘1H2022') and the information currently available, the Group is expected to record a substantial increase in the net profit attributable to equity holders of the Company for the half-year ended 30 June 2022 by not less than 250% as compared to the net profit attributable to equity holders of the Company of approximately SGD 8.7 million for the corresponding period in 2021. Such increase is primarily attributable to the recovery in the Group's operating performance where a net fair value gain was recognized in the half-year ended 30 June 2022 as compared to a net fair value loss of approximately SGD 14.5 million recorded in the corresponding period in 2021 in relation to the Group's investment properties; and due mainly to (i) revenue contributions from newly expanded portfolio of purpose-built workers accommodation (‘PBWA') and accommodation related business; and (ii) a robust recovery in the occupancy rates in the Group's portfolio of PBWA and purpose-built student accommodation (‘PBSA') across Singapore, the United Kingdom and Australia.