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SPH's Q1 profit up 17.3% at S$81.3m

Recurring earnings dip 3.3% to S$99m as operating revenue falls 3.5%; total operating expenses down 1.2%

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To address the challenges ahead, the SPH group will redouble its efforts to sustain the media business, including adjacent businesses, and continue to evaluate and pursue growth opportunities.

Singapore

SINGAPORE Press Holdings (SPH) reported a 17.3 per cent rise to S$81.3 million in first-quarter net profit attributable to shareholders .

Operating profit - representing the recurring earnings of the group's media, property and other businesses for the three months ended

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