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SPH to undergo strategic review of business after non-media segment boosts 1H21 results
The company posted a 26.1% y-o-y growth in earnings to $97.9 mil for the 1HFY2021.
March 30, 2021
SPH sells back stakes in Mediacorp entities for $18 mil; to cease print edition of TODAY
SINGAPORE (Aug 25): Singapore Press Holdings (SPH) is selling its 20% stake in Mediacorp TV Holdings and 40% stake in Mediacorp Press back to Mediacorp, for a sum of $18 million.
August 25, 2017
Global Economy
Buffett's newspaper group slashes 289 jobs
NEW YORK (April 4): Warren Buffett’s Berkshire Hathaway Inc. eliminated 289 jobs at its newspapers amid a decline in print readership and advertising revenue.
April 04, 2017
Broker's Calls
Don’t shrug off the significance of SPH’s falling newspaper readership
SINGAPORE (Oct 7): UBS Global Research is warning that investors are not seeing the reality of Singapore Press Holdings’ business when buying the publisher based on its yields.
October 07, 2016
Broker's Calls
Threat of dividend cut looms over SPH investors
SINGAPORE (July 18): UOB Kay Hian is maintaining its “hold” call on Singapore Press Holdings (SPH) with a lower target price of $3.80 from its previous price target of $3.90. It also projects a sharp dividend cut of about 15-20% this year.
July 18, 2016