Divestments, lower costs help raise SPH Q1 profit by 32%
New income streams also contributed to better earnings of S$60.4 million
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SINGAPORE Press Holdings (SPH) is starting to benefit from cash streams from its other investments amid a decline in its media segment.
The conglomerate, which owns The Business Times, reported net profit of S$60.4 million for its first quarter ended Nov 30, 2017, up 32 per cent from S$45.7 million a year ago.
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