Publishing and property firm Singapore Press Holdings Ltd (SPH) posted on Friday a 11.6 percent rise in second- quarter net profit, helped by higher rental income.
SPH, which has a near monopoly of newspaper publishing in Singapore, said its net profit rose to S$84.1 million ($67 million) from S$75.4 million a year ago. Its operating revenue grew 3.7 percent to S$298.5 million. Full story