Impairments pare SPH Q3 profit by 45% to S$28.9m
Operating revenue drops 10.8% to S$260m
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Singapore
A MUTED economic environment, disruption of the media industry and impairments drove lower the latest earnings of media and property group Singapore Press Holdings (SPH).
On Friday, SPH reported a net profit of S$28.9 million for its third quarter ended May 31 2017, down 45 per cent from S$52.7 million a year ago.
Copyright SPH Media. All rights reserved.
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