The Business Times
business-time-50
SUBSCRIBERS

SPH media hit by lower ad revenue in Q1 but digital circulation continues to grow

google-preferred-sourceAdd BT as a preferred source

Claudia Tan HS

Published Mon, Jan 18, 2021 · 09:50 PM

    Singapore

    SINGAPORE Press Holdings (SPH) on Monday announced that its media business continues to suffer from lower newspaper print advertisement revenue as a result of Covid-19 disruptions for the first quarter to November. Digital circulation, however, saw double-digit growth rate.

    The media and property group's purpose-built student accommodation (PBSA) and aged care segments remain resilient.

    SPHMediaFinancial results

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    The most striking aspect of the Paragon deal is that the manager of CICT seems less fazed by the ageing property’s need for an asset enhancement initiative than Cuscaden Peak.

    Paragon deal: Why investors should get ready for more Reit mergers and take-private offers

    The message was sent with addresses under the carbon copy feature instead of blind carbon copy, meaning that all recipients could see all the other e-mail addresses in the chain. 

    LTA apologises for e-mail gaffe in circular sent to EV charger owners

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More