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SPH revamps for better footing in digital information age

New CEO says job cuts are "only the means to an end"; group profit rises 32% to S$350m on one-time gains

Michelle Quah

Michelle Quah

Published Wed, Oct 11, 2017 · 09:50 PM
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Singapore

MEDIA giant Singapore Press Holdings (SPH) will take a sharp cut in the cost base of its core media business, as it looks to re-position itself quickly and efficiently to meet the demands of the new digital information age.

This was the thrust of the group's message when it announced its results for the full year ended Aug 31, 2017, on Wednesday.

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