- Operating Revenue Reduced by 9.4%
- Operating Profit Reduced by 24.1%
- Investment Income Increased by 28%
- Net Profit Reduced by 22%
- Newspaper and Magazine Profit unchanged contributing 365 mil
- Treasury and Investment Profit rose 39% contributing 41 mil
- Rental & Services Profit fell 6.6% contributing 75 mil
- Property Development Profit fell by 154 mil as there were none in 2011
- Dividends declared of 24 cents was lowest in 5 years – 1614 mil – 387 mil – 6.3% yield based on $3.78
SPH announce a full year results which looks rather lukewarm. The dividend declared was the lowest in 5 years.
Earnings are not growing, even factoring in the new Clementi Mall. We still do not know if that is a good deal (I do not by the way)
