SUBSCRIBERS
SPH media hit by lower ad revenue in Q1 but digital circulation continues to grow
Published Tue, Jan 19, 2021 · 05:50 AM
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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Coinbase targets crypto demand in US$600 billion Australian pension sector
Stocks to watch: SIA, Seatrium, OUE Healthcare
Hybrids delivering cash chest for Toyota, Honda’s EV ambitions
Seatrium wins FPSO integration contract from SBM Offshore
Grab’s Q1 loss narrows to US$115 million
Citadel Securities revenue reaches US$2.3 billion in first quarter