SPH Says Full-Year Net Profit Declines 22% to S$388.6 Million

Singapore Press Holdings Ltd. (SPH), the city-state’s largest newspaper publisher, said that 2011 fiscal- year profit fell 22 percent to S$388.6 million as the previous period included profit from a housing project.

To contact the reporter on this story: Yee Kai Pin in Singapore at kyee13@bloomberg.net

To contact the editor responsible for this story: Jake Lloyd-Smith at jlloydsmith@bloomberg.net

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