Oct 12 (Reuters) - Singapore Press Holdings (SPH) on Wednesday posted a 22 percent drop in full-year net profit due to an absence of earnings from property development and said the outlook was uncertain.
SPH, which has a near-monopoly on newspaper publishing in Singapore, earned S$388.6 million ($303 million) in the financial year ended August 2011, down from S$497.9 million a year earlier. Full story
