Singapore Press Holdings Limited (SPH) reported its results for the second quarter ended 28 February 2013 (2Q FY13). revealing that Group recurring earnings of $79.6 million was $10.4 million (11.6%) lower than that of the corresponding quarter last year (2Q FY12).
Operating revenue fell $16.3 million (5.5%) to $282.2 million, but this was mitigated by a reduction in operating costs of $6.9 million (3.2%).
Net profit attributable to shareholders was $71.5 million, $12.6 million (15.0%) lower compared to 2Q FY12. Full story
