This week, a couple of Singapore-listed companies and real estate investment trusts (REITs) released their earnings/business update. Let’s look at some of the key highlights from their latest announcements here. Singapore Press Holdings Limited (SGX: T39) Singapore Press Holdings Limited’s (SPH) core business is continuing to face a secular decline. Earlier this week, SPH reported that its media business performed poorly, with newspaper print advertisement revenue tumbling 17.6% year-on-year for the first nine months of its FY2021. Source: Singapore Press Holdings Investor Presentation However, SPH’s non-media business saw improved operating performance since February this year. For instance, SPH REIT (SGX: SK6U), in which SPH has a majority stake, saw its gross revenue increasing by 22.2% year-on-year to S$209.6 million due to a recovery in performance across all its assets. SPH REIT’s distribution per unit (DPU) for its third quarter of FY2021 also grew 11.3% to 1.38 Singapore cents, compared to its previous quarter. The latest DPU is back to where it was pre-pandemic....