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#1
17-10-2019, 11:00 PM
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SPH Revenue Collapse Again!
An honorable member of the Coffee Shop Has Just Posted the Following:
SPH net profit falls 23% in FY19, to axe 5% of media staff, Companies & Markets - THE BUSINESS TIMES SINGAPORE Press Holdings (SPH) will cut 5 per cent of staff from its media group, it said on Thursday, as the company posted a 23.4 per cent decline in net profit for the full year ended Aug 31. Full-year net profit fell to S$213 million from the same period a year earlier, largely due to the previous divestment of the treasury and investment portfolio into defensive... SPH Revenue Collapse Again! Click here to view the whole thread at www.sammyboy.com. 
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