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SPH media hit by lower ad revenue in Q1 but digital circulation continues to grow
Published Tue, Jan 19, 2021 · 05:50 AM
Singapore
SINGAPORE Press Holdings (SPH) on Monday announced that its media business continues to suffer from lower newspaper print advertisement revenue as a result of Covid-19 disruptions for the first quarter to November. Digital circulation, however, saw double-digit growth rate.
The media and property group's purpose-built student accommodation (PBSA) and aged care segments remain resilient.
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