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SPH's Q1 profit up 17.3% at S$81.3m

Recurring earnings dip 3.3% to S$99m as operating revenue falls 3.5%; total operating expenses down 1.2%

Anita Gabriel

Anita Gabriel

Published Tue, Jan 12, 2016 · 09:50 PM
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Singapore

SINGAPORE Press Holdings (SPH) reported a 17.3 per cent rise to S$81.3 million in first-quarter net profit attributable to shareholders .

Operating profit - representing the recurring earnings of the group's media, property and other businesses for the three months ended Nov 30, 2015 - fell 3.3 per cent to S$99 million.

Group operating revenue slipped 3.5 …

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