Staff Reporters
Apr 10, 2019

SPH media revenues continue slide

Shortened holiday ad period and slowing print revenues weigh on results in first half of fiscal year.

Singapore Press Holdings' media business continues to struggle, with revenue falling by S$33.4 million US$24.7 million in the first half of the 2019 fiscal year, representing a 10.1% drop to S$296.2 million US$218.7 million overall.  Profit slipped by S$1.7 million US$1.3 million, or 3.8% lower to S$42.1 million US$31.1 million.

SPH partly blamed a shorter festive advertising window between Christmas and Chinese New Year this year, but the...

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