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

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Claudia Tan HS

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

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    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.

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    SPHMediaFinancial results

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