(Reuters) - Singapore Press Holdings , which has a near monopoly of newspaper publishing in the city-state, posted on Tuesday a 30 percent drop in third quarter net profit in the absence of earnings from property development.
SPH, which has diversified into real estate in recent years to lessen its dependence on publishing, earned S$114.8 million ($93.5 million) in the three months ended May, down from S$164.6 million a year ago. Full story
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Singapore Press Holdings Q3 net falls 30pc - The Malaysian Insider
