SUBSCRIBERS
SPH posts Q1 profit of S$69.4m
Fall of 21.9%; group works on uplift for core media business amid new digital initiatives
Published Tue, Jan 13, 2015 · 09:50 PM
Singapore
MEDIA and property group Singapore Press Holdings (SPH) posted a net profit of S$69.4 million for its fiscal first quarter - a year-on-year drop of 21.9 per cent as operating revenue from its newspaper and magazine segment fell.
In the year-ago fiscal first quarter, net profit attributable to shareholders was S$88.8 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Keppel prices 70 million euros of floating-rate notes due 2031
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
China’s Bank of Communications Q1 profit rises 1.44%
Huawei’s smart car tech offers automakers route to China sales
Electrolux Q1 loss nearly triples on weak demand but beats expectations