Singapore Press Holdings has encountered a rocky start to 2018 with the announcement of another revenue decline within its core media business.
The owner of The Straits Times reported a 13.9 per cent fall in earnings in the first quarter for 2018, tumbling by S$28m to S$174m from the same period in 2017.
At the same time, the media arm’s pre-tax profit dropped 20.2 per cent to S$26.5 million.
More at https://www.mumbrella.asia/2018/01/...d-trajectory-with-14-per-cent-q1-revenue-fall
The owner of The Straits Times reported a 13.9 per cent fall in earnings in the first quarter for 2018, tumbling by S$28m to S$174m from the same period in 2017.
At the same time, the media arm’s pre-tax profit dropped 20.2 per cent to S$26.5 million.
More at https://www.mumbrella.asia/2018/01/...d-trajectory-with-14-per-cent-q1-revenue-fall