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SPH posts S$404.3m profit for FY2014

Lower profit contribution from newspaper and magazine business partially offset by improved performance from other business segments

SPH's net profit attributable to shareholders fell to S$404.3 million for FY2014, from S$431.0 million in FY2013 - PHOTO: SPH


MEDIA and property group Singapore Press Holdings (SPH) reported on Wednesday a 6.2 per cent year-on-year drop in net profit for the year ended Aug 31, 2014, as its newspaper and magazine business took a hit from lower advertising and circulation revenue.

Its property and...

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