SPH expects profit to drop in FY2020

SPH expects profit to drop in FY2020

Singapore Business Review (SBR)·2020-07-14 17:01

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The group’s print ad revenue plummetted 51.4% in Q3 FY2020.

Singapore Press Holdings' (SPH) operating profit for the year ending 31 August is expected to be significantly lower than the $187m recorded in FY2019 due to the impact of the pandemic, according to a corporate presentation.

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Singapore Business Finance