BRIEF-Singapore Press Holdings Posts Qtrly Operating Revenue S$ 254.3 Mln Vs S$258.8 Mln
Jan 11 (Reuters) - Singapore Press Holdings Ltd:
* QTRLY OPERATING REVENUE S$ 254.3 MILLION VERSUS S$258.8 MILLION
* QTRLY NET PROFIT S$57.9 MILLION VERSUS S$61.8 MILLION
* GROUP RECENTLY INVESTED IN STUDENT ACCOMMODATION ASSETS IN UK AND BELIEVES THAT FUNDAMENTALS REMAIN POSITIVE
* DEMAND FOR UK UNIVERSITY EDUCATION IS EXPECTED TO BE SUSTAINED EVEN AFTER BREXIT
* EXTENSIVE DEAL PIPELINE IS BEING ACTIVELY REVIEWED AS PART OF PLANS TO BUILD UK PORTFOLIO TO A MORE SIZEABLE PLATFORM.
* "PRINT SIDE OF MEDIA BUSINESS CONTINUES TO EXPERIENCE HEADWINDS, EVEN AS WE GREW REVENUE FROM DIGITAL SIDE OF BUSINESS" Source text for Eikon: Further company coverage: