(See also: SPH reports 1.2% fall in 2Q earnings to $53.5 mil)
SINGAPORE (April 13): UOB Kay Hian continues to rate Singapore Press Holdings (SPH) at “sell” with an unchanged fair value estimate of $3.29, following the release of the group’s 2Q17 results.
To recap, the media organisation with businesses in print, Internet, new media and property on Wednesday posted a 1.2% fall in earnings for the quarter to $53.5 million, together with a lower interim dividend of 6 cents from 7 cents previously.
