PHOTO: CENTURION CORPORATION[SINGAPORE] Centurion Corporation reported a 64 per cent drop in net profit for its first half ended Jun 30, falling to S$26.5 million from S$73.9 million in the corresponding year-ago period. This comes on the back of higher net fair value losses on investment properties and a share of losses from associated companies, the group’s regulatory filing on Wednesday (Aug 12) noted. However, net fair value loss on investment properties widened to S$32.8 million for H1, compared with a net fair value loss of S$3.5 million in the year-ago period. Centurion also recorded a S$4.2 million share of losses from associated companies in H1 2026, compared with a S$27.8 million share of profit in H1 2025. Student accommodation revenue increased 31 per cent to S$40.6 million in H1, as contributions from Australia more than doubled to S$16.5 million.