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SPH Q1 earnings down 17.2% on higher costs, lower print ad sales

Tay Peck Gek

Published Mon, Jan 13, 2020 · 09:50 PM

Singapore

MEDIA and property group Singapore Press Holdings (SPH) saw its net profit for the first quarter to November down 17.2 per cent to S$46.3 million, as contributions from its media segment continued to slide - though somewhat mitigated by property takings.

The mainboard-listed group reported an operating revenue of S$243.98 …

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