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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
    SPH

    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.

    SPH

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