Operating revenue decreased by 4.5% from $1.17 billion (FY15) to $1.12 billion (FY16).
Operating Profit down by 13.7% from $353 million (FY15) to $305 million (FY16).
Investment income remains little change at $51.7 million as compared to FY15
Profit after tax down by 17.4% from $370 million (FY15) to $306 million (FY16).
SPH online classified business is slowly gaining ground as losses reduced from
$38 million (FY15) to $24 million(FY16).
Revenue from Property segment cushioned the fall in FY2016 total revenue.
Although Operating costs fell by 2.7% , Staff costs & other operating expenses form 57.7% of the total operating costs.
With declining revenue from Media segment & challenging economic outlook ,SPH might resort to cut staff & expenses to mitigate the fall in revenue.
Final & special dividend of $0.11 per share declared.
FY2016 total dividend of $0.18 per share which is $0.02 lesser than FY2015 & because SPH is the largest ......
