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Singapore Press Holdings reduces staff costs following reported job cuts

In its 1Q2018 results, Singapore Press Holdings (SPH) has shown a reduction in staff costs following its planned job cuts last year. In fact, staff costs has dropped by S$4.4m - contributing to a 5.5% reduction in total operating costs. However, its premises and finance cost increased by $1.8m and $1.3m respectively.

SPH staff cost

Lead Photo / Singapore Press Holdings

Table / Singapore Press Holdings

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